In all 4 regions, 3,006 RIAs reported $3.015.5 trillion in assets, compared to $2.493.5 trillion in 2021, according to InvestmentNews research.
San Diego-based First Allied had close to 600 brokers and financial advisers under its roof before the Covid-19 pandemic.
Bradley Goodbred now faces criminal charges of stealing money from an elderly client, in addition to civil charges from the SEC.
The four Advisor Group firms sold investors GPB private placements but failed to tell them that GPB hadn't made required filings, including audited financial statements.
The Finra penalty included a fine of $200,000 and restitution to clients of $498,000 plus interest.
Meanwhile, LPL is launching an effort to pursue wealthier clients.
The firm is introducing an effort to buy minority stakes in the financial advisory firms that use its brokerage and RIA services.
G&P Acquisition Corp.'s announcement that it will liquidate and redeem its shares because of its inability to launch comes after the NYSE said earlier this month that it was delisting the company's warrants.
The Lightstone REITs are asking shareholders to strip away their own rights without any clear plan to liquidity or upside, critics say.
Amy Webber, CEO of Cambridge Investment Research Inc., won the Alexandra Armstrong Lifetime Achievement Award, while Mary Beth Franklin took home the Trailblazer Award.
