The SEC alleged that Texas broker Doug McKelvey misappropriated more than $1.7 million.
'We reject the premise that any part of our app, past or present, is 'gamified,'' a Robinhood spokesperson notes.
Rockefeller Capital's broker-dealer has seen a net gain of 271 financial advisors since 2020.
Industry executive warns it will take time for Pick to earn the trust of advisors.
In the wake of Fisher Investments deal chatter, 2024 will likely be studded with significant transactions involving registered investment advisors.
As the migration to independent broker-dealers and RIAs continues, concerns about the Big Four’s compensation plans may be contributing to the outflow.
'We’ve made significant investments the last few years across our franchise to better serve our customers, and help drive growth,' says Wells CFO Mike Santomassimo.
'Financial advisors don’t understand bitcoin,' one senior executive notes. 'It's a disaster waiting to happen.'
Finra reveals it's keeping tabs on salespeople and financial advisors who are involved in the marketing and sale of digital assets.
Total compensation for the IBD's CEO hit $34.9 million in the company's fiscal year ended Sept. 30.
