Upstart independent broker-dealer DeWaay Financial Network LLC has landed another top independent registered rep.
Good news for the unit, which saw one-quarter of its sales force flee the firm in 2009.
In a huge blow to SagePoint Financial Inc., one of three broker-dealers that make up the AIG Advisor Group Inc., its largest branch is walking out the door following a bitter dispute over the latter's role and future at SagePoint.
In a huge blow to SagePoint Financial Inc., one of three broker-dealers that make up the AIG Advisor Group Inc., its largest group of reps and advisers is walking out the door following a bitter dispute over group's role and future at SagePoint.
Alan Skrainka, a familiar face on CNBC, had worked at the firm for nearly 30 years. His time at Jones came to a screeching halt, however, after the brokerage fired him for using written material without proper attribution
Latest to leave embattled firm since the federal government's bailout of American International Group Inc., the broker-dealer network's parent company
The number of net new reps and advisers at the B-D declined considerably during the first quarter. Still, the company's CFO says the swing to independent advice is a 'longer-term trend'
Two broker-dealers are coming out swinging against investors and securities regulators who are looking for redress over the sale of private placements that went belly up last year.
