The newly appointed leader will be responsible for overseeing fiduciary governance, regulatory compliance, and risk management at Cetera's trust services company.
Michael Bradley faces allegations of "improper recommendation to clients" who bought GPB securities.
Back office workers and support staff are particularly vulnerable when big broker-dealers lay off staff.
The two firms are strengthening their presence in California with advisor teams from RBC and Silicon Valley Bank.
The high court's decision rebuffing Alpine Securities marks a setback for a broader challenge to Wall Street's reliance on self-regulatory organizations.
The defectors from Cetera, Lincoln Investments, and DA Davidson strengthen the firms' presence across the Eastern and Western US.
InvestmentNews is searching for the country's emerging young talents.
A veteran with more than two decades of experience, Andina Andreson represents the latest in a string of recent leadership changes at the firm.
FINRA has been focused on firms and their use of social media for several years.
RayJay's latest additions bolster its independent advisor channel's presence across Pennsylvania, Florida, and Washington.
In regards to the new fund, called WVB All Markets Fund, Morningstar analysts wrote that, "despite the brand-name pedigree of the asset managers involved, most of these strategies are untested."
A veteran with global roots strengthens Twenty Four Wealth's presence in Connecticut, while LPL's newest employee advisor comes with experience from the sports industry.
The competing legal strategies appear contrary to Stifel's public statements about defending its structured notes' tactics.
For decades, the bulk of the retail brokerage industry has moved away from selling expensive, proprietary funds.
The IBD has also added a new advisor from Morgan Stanley in Utah, while LPL welcomes an $850 million team from Cetera.
Appointment signals the hybrid RIA's commitment to data-driven decision-making across its five-channel ecosystem.
LPL is an acquisition machine, but the two deals are designed differently.
LPL is strengthening its high-net-worth planning and tech capabilities while the multi-family office and RIA sets the scene for a selective dealmaking strategy.
An effort by the advisor to move to the bank's independent contractor division proved to be a critical detail to the dispute.
The New York-based advisor, formerly affiliated with Securities America, has also been suspended for failing to disclose his status as a beneficiary.
