The firm was fined $200,000 for failing to supervise the rep, whose grandmother was 88 and widowed when she opened her account in 2014.
The Georgia Court of Appeals ruled 3-to-0 that an earlier decision had not provided a proper basis for vacating the arbitration award Wells Fargo won in 2019.
'Tis the season? LPL points to 'seasonality' to explain the slight bump in the rate of adviser pay in Q2.
The team is joining from Citigroup, where its members had managed more than $2 billion in client assets.
B. Riley Financial had purchased a large stake in National Securities Corp.'s parent in 2018 and bought the remaining shares last year.
Raymond James said that its head count of private client group financial advisers was 8,616 at the end of June, an increase of 203 compared to a year earlier.
The total head count of financial advisers at Ameriprise increased 2% in the second quarter compared to June 2021, reaching 10,245.
The legal expenses linked to UBS' Yield Enhancement Strategy, which featured options, appear to be adding up.
Legal recognition of the title is 'a critical step in recognizing financial planning as a distinct, essential profession,' the organization said.
Jeremy Carlson allegedly acted as an unregistered broker-dealer and salesperson, and engaged in fraudulent practices, according to the state's securities commissioner.
