This week's must-read stories for advisers include employment drama at LPL and Merrill, Bill Gross speaking out, and a renewed push for more women in advice.
James “Jeb” Bashaw is now registered with small broker-dealer International Assets Advisory.
Massachusetts Commonwealth Secretary William Galvin announces payment to reimburse senior citizens for surrender charges paid when switching variable annuities.
Latest blow to REIT czar after $23 million accounting scandal at ARCP uncovered.
Fallout from ARCP accounting debacle continues as two more broker-dealers, including the largest in the U.S., have suspended the sale of REITs sponsored by companies controlled by Nicholas Schorsch.
Broker-dealer moves after National Planning Holdings <a href="//www.investmentnews.com/article/20141030/FREE/141039985/national-planning-holdings-puts-kibosh-on-arc-nontraded-reit-sales"" target=""_blank"" rel="noopener noreferrer">puts kibosh on ARC nontraded REIT sales</a> in wake of $23 million <a href="//www.investmentnews.com/article/20141029/FREE/141029902/schorschs-empire-jolted-by-23m-accounting-mishap"" target=""_blank"" rel="noopener noreferrer">accounting mishap</a> at Nick Schorsch's ARCP.
More in line with the business of advisers who charge fees rather than brokers who receive a commission.
<b>LPL Focus 2014</b>: Firm CEO Mark Casady tells 3,500 advisers to be ready for more requests for documentation and background.
Bruce Meyers allegedly inappropriately pushed an offering for a pharmaceutical company he co-owns.
After paying off $182.3 billion bailout, insurer focused on property-casualty coverage, life insurance and retirement.
Changes would not take effect until 18 months after SEC signs off, three times longer than originally proposed.
He had been in contention to succeed Benmosche as head of AIG.
Calling a broker an adviser is dangerous, and it's time to embrace the black-and-white distinction.
The independent broker-dealer is set to open a public affairs office in the nation's capital in response to increased federal regulation.
Investors sued individuals after the firm, Allied Beacon Partners, ran out of capital and failed to pay earlier arb award.
Ex-managing director of LPL Financial is named CEO of Lucia Capital Group, a firm that includes an RIA and broker-dealer and has $2.3 billion of client assets.
One of those arrested, Abraxas 'A.J.” Discala, was married to Jamie-Lynn Sigler
Nicholas Schorsch's RCS Capital has agreed to buy Cole Capital, which he also controls. <i>Plus: <a href="//www.investmentnews.com/article/20140917/INFOGRAPHIC/140919935"" target=""_blank"" rel="noopener noreferrer">See our map of the REIT czar's empire</a></i>
The REIT czar's empire is broken down in this "simple" visual covering all entities under his purview
