Laurie C. Kamhi is breaking away from Merrill Lynch Wealth Management's Private Banking and Investment Group, where she managed $320 million for well-heeled clients and institutions.
IBDs and wirehouses split on potential regulation to reveal recruiting packages
Signator moving from career agency to IBD model
Outgoing regional director Ron Sallet had talks with Dynasty, sources say.
Investors and regulators are more tuned in to fraud now than in the days of the big boiler rooms.
CEO's departure is second big change in four months.
Triad Advisors, Securities America failed to supervise reps who created and sent inaccurate consolidated account statements to clients, regulator says.
The New Hampshire Bureau of Securities Regulation accused the firm of unlawfully soliciting clients on do-not-call lists
In some cases, the failure to supervise rests with the adviser, not the firm, senior director says.
Focus hires $250 million team, on the heels of the departure of $550 million team to Raymond James.
30-rep Argentus Securities squeezed by regulatory woes, tight profit margin.
In a dispute focused on real estate investments, the indie B-D and a former broker 'breached fiduciary duty, were negligent,' complaint says. Big award comes with split decision.
Broker-dealers are no longer considered a necessary step on the road to RIA, says Bernard Clark, head of the adviser services division at Charles Schwab.
In the wake of back-to-back deals, the industry is curious about what the REIT czar will buy next.
Three former WJB Capital Group Inc. executives were charged with defrauding investors of more than $11 million in a bid to prop up the now-defunct broker-dealer. The trio pleaded not guilty.
Shares of LPL Financial rallied more than 60% last year and is bucking the broad market trend so far in 2014. At least one analyst has a $60 target. Is that realistic?
Two reports show growing popularity of web-based personal finance startups and discount brokerage platforms in wake of 2008 crisis.
Industry's pain is company's gain; 24 acquisitions since 1997
WJB Capital Group Inc. and two of its top executives settled allegations that it masked the firm's financial difficulties and traded securities without sufficient capital during the two years before it shuttered its doors in January.
Firm has 1,500 affiliated registered reps and advisers; $32B in client assets.
