Already facing a four-year prison term and $7.5 million in restitution, Charles Banks IV to pay other penalties.
The median RIA firm grew at a 10% compound annual growth rate over last five years, according to the firm's annual study.
Royal Securities Co. in Grandville, Michigan, affiliates with VantagePointe Financial.
Persistently low interest rates have hammered insurance company profitability.
Regulator censured the firm for failing to maintain copies of messages.
Stephen Eubanks of Hingham, Mass., claimed to be an RIA running a hedge fund.
Cincinnati sister-brother team and duo in Michigan shift firms.
Wealth Design Services in Rochester, New York, also provides tax services.
Wealth Partners Capital buys into Forbes Family Trust, MAI Capital and EP Wealth Advisors.
James Denholm III launches IronBridge Private Wealth in Austin.
