Decision affects American Realty Capital brand, but not Cole
Brain drain at nation's largest IBD continues as top East Coast recruiter plans to take a new position at an insurance company-owned broker-dealer.
Some broker-dealers have resources that help advisers create a bigger pie, not just boost their slice
Goss Wealth Management switched firms as it hopes to build out a 'wirehouse lite” in the Gulf South region
With high M&A deal pace set to continue, here's how the most common deal structures could affect advisers
Industry colleagues, from Hank Greenberg to Don Marron, recall the former MetLife, AIG CEO, who passed away at 70 Friday after a battle with cancer.
Indexed annuities continue to be popular, and Jackson National continues to dominate VA sales.
The REIT czar resigned from American Realty Capital Properties, which has lost more than a quarter of its value since <a href="//www.investmentnews.com/article/20141029/FREE/141029916/schorschs-american-realty-capital-discloses-serious-accounting"" target=""_blank"" rel="noopener noreferrer">disclosing accounting errors.</a>
Nicholas Schorsch is taking a step back from the top role at three nontraded REITs he controls, handing the reins of two to his longtime investment partner. <i>See also: <a href="//www.investmentnews.com/article/20140917/INFOGRAPHIC/140919935"" target=""_blank"" rel="noopener noreferrer">Schorsch's vast web of businesses</a></i>
The rise and fall of the notorious owner and CEO of the defunct independent broker-dealer John Thomas Financial is now complete, and senior columnist Bruce Kelly says the industry won't miss him.
Cash and stock deal values the firm, with about 450 independent reps and advisers, at 39.4%, lower than other recent deals.
Firm continues independent broker-dealer buying spree in $24M deal.
A blockbuster lawsuit alleging misconduct by Nicholas Schorsch is one of many issues confronting his vast real estate empire.
Sales of the products may be cannibalizing those of variable annuities.
Investors in a nontraded REIT launched by Tony Thompson, the one-time noted real estate sponsor, were told last week that the net asset value of the REIT had eroded by nearly 30%.
Industry "floored" by allegation that REIT czar had hand in $23 million accounting error at American Realty Capital Properties.
Up to $13.6 billion in fresh equity expected to flow from listings, mergers and special distributions.
Comes on heels of another $200,000 penalty last year for missing a stock-fraud scheme
American Realty Capital Properties Inc.'s former chief accounting officer alleges the ex-chairman ordered numbers to be changed.
REIT czar resigns from RCAP, boards of 11 AR Capital affiliates. New chairman says change allows company to simplify governance, minimize 'perceived' conflicts and cut complexity. (And check out <a href="//www.investmentnews.com/gallery/20141223/FREE/122309998/PH"" target=""_blank"" rel="noopener noreferrer">the triumphs and trials of Nick Schorsch</a>.)
