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.
The broker-dealer has fired back at a state regulator with some stinging accusations of ignorance.
Thomas James readily admits that his impending departure from Raymond James Financial Inc., whose roots go back to a firm founded by his father in 1962, is bittersweet.
Investors claim Curtis Lyman sold them promissory notes in a feeder fund for $1.4B scam
In a security snafu, an unencrypted storage device was apparently stolen from a rep's car.
