Choice Group Wealth Management, located in Melville, N.Y., will operate as a hybrid.
David R. Humphrey also settled parallel civil charges with the SEC and will pay more than $108,000 in penalties.
The new firm, Executive Wealth Group, will custody assets with Raymond James.
Retirement plans and charitable organizations were sold higher-cost share classes though they were eligible for lower-cost shares.
Will continue to sell Vanguard's ETFs; says culling aims to reduce 'less popular' funds.
Finra censures Royal Alliance, FSC, SagePoint, Woodbury, levies $550,000 in fines.
Financial Planning Re-entry Initiative will establish internships for returning professionals.
Says advisers working at a credit union misled investors on how they were paid
Firm hires Katherine Collins to lead sustainable investing team
Two Texas reps sign on to employee channel
