GWG was a 'classic Ponzi scheme,' according to a group representing investors.
Meanwhile, 2022 has been another excellent year for sales of alternative investments, according to the report from Robert A. Stanger & Co.
Cory Youmans, an adviser in Plano, Texas, snagged Judge’s historic 62nd home run of the season on Oct. 4.
One of the big themes in 2022 was how well the broad retail wealth management industry has insulated itself from the downside of the bust part of the cycle.
The pilot, Jeffrey Weiss, had been a financial adviser with Raymond James & Associates in Houston.
An LPL presentation on the return on various types of assets shows the age of advisory assets and fees has arrived in the broad financial advice industry.
This market is triggering some tricky math for nontraded REITs, and it's the bean counting behind proration that could prove tormenting.
The firm used two locations to store phone records, which caused a confused response to Finra document requests in investigations, according to the regulator.
Gautam Arora allegedly defrauded four victims out of $100,000 to secure investments that didn't exist.
The liquidity issue is squarely in the laps of financial advisers who have never had to deal with the difficulties posed by nontraded REITs before.
