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InvestmentNews
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Emigrant takes stake in California RIA
RIA NEWS AUG 10, 2020
Emigrant takes stake in California RIA

Hollencrest Capital Management manages about $1.7 billion

Hybrid managing $150 million switches to LPL from Lincoln Financial
INDEPENDENT BROKER DEALERS AUG 10, 2020
Hybrid managing $150 million switches to LPL from Lincoln Financial

Minnesota-based Bialke Financial Partners will operate as an arm of American Bank of the North

Morgan Stanley team managing $280 million moves to Baird
INDEPENDENT BROKER DEALERS AUG 10, 2020
Morgan Stanley team managing $280 million moves to Baird

Four-person Fischetti Barry group is based in a suburb of Pittsburgh

Wendy Lanton, Jim Nagengast elected Finra governors
REGULATION, LEGAL & COMPLIANCE AUG 10, 2020
Wendy Lanton, Jim Nagengast elected Finra governors

Lanton represents small firms; Nagengast reelected to represent large firms

Face-to-face fades away
OPINION AUG 09, 2020
Face-to-face fades away

The shift to virtual may have been messy, but new ways of working and communicating have become the norm

SEC penalizes two RIAs $1 million over order flow payments
REGULATION, LEGAL & COMPLIANCE AUG 07, 2020
SEC penalizes two RIAs $1 million over order flow payments

New Jersey-based WBI Investments and Millington Securities allegedly made misleading statements

SEC charges RIA with insider trading
REGULATION, LEGAL & COMPLIANCE AUG 07, 2020
SEC charges RIA with insider trading

Former NFL player Jack Brewer allegedly used nonpublic information to sell shares in COPsync

Duo managing $200 million at Northwestern Mutual go indie with LPL
INDEPENDENT BROKER DEALERS AUG 06, 2020
Duo managing $200 million at Northwestern Mutual go indie with LPL

Scott Dudley and David McQuade form Stirling Financial Group in San Diego

Apex Clearing names Tricia Rothschild president
PRACTICE MANAGEMENT AUG 06, 2020
Apex Clearing names Tricia Rothschild president

Rothschild spent 26 years at Morningstar, where her final position was chief product officer

Mercer acquires $130 million RIA
RIA NEWS AUG 05, 2020
Mercer acquires $130 million RIA

Summit Wealth Advisors is based in Frisco, Colorado