Agency says firm and its CEO failed to disclose fees.
Employee broker goes indie as Sanders Wealth Management in Greenville, S.C.
Firm will pay $650,000 for suitability, compliance and books and records violations.
Investors want help with investments, but sometimes they look beyond financial advisers.
Two advisers and assistant join employee unit in Michigan.
Wirehouse, after losing 400 brokers in first quarter, is bucking trend among rivals who have said they are going to cut back on spending big bucks recruiting veteran advisers
Three-person Guardian Financial Partners is based in Orange, Calif.
Once signed by governor, law will allow banks and securities firms not to process questionable transactions.
Father-and-son team based in Omaha, Neb., remain in employee channel.
Average net expense of all mutual funds drops to 0.57%.
