'Last year saw bigger Finra fines per case,' a lawyer says. 'Supersized fines, or those of $1 million or more, were up, and mega-sized fines, or those of $5 million and more, increased too.'
The latest team to join the broker-dealer managed $680 million in client assets at their former firm.
'Something like this puts Ameriprise on the map in the competition among the regional firms and the independent broker-dealers,' one recruiter says.
The financial industry veteran from South Carolina joins the brokerage giant after previously managing around $250M in client assets.
The IBD expands its Southern footprint with an Alabama-based veteran with $345 million in assets.
Team of three was previously with Raymond James division Alex. Brown.
With the final version of the rule now at the Office of Management and Budget, it won't be long before it's published. Don't expect a lot of changes, lawyers say.
With hundreds of families and business clients in its book, the New York-based firm is joining one of the wealth giant’s largest OSJs.
The broker, Jayson Pocius, was 'discharged' last year from Wells Fargo Advisors Financial Network.
The brokerage giant is strengthening its public finance division’s presence in key markets including Seattle and Los Angeles.
Financial advisors simply can't stand conflicts that mix banking and financial advice.
The brokerage firm violated Finra rules by failing to ensure fair pricing in corporate and muni bond transactions.
The Indianapolis advisory practice, which includes a five-decade industry veteran, is Sanctuary's third big firm in the area.
The California-based advisor's practice focuses on Mandarin-speaking clients.
It's highly unusual in the securities industry for a broker-dealer to put up such resistance to a regulator like the SEC.
Based in Minnesota, the multi-advisor practice does financial planning and portfolio management for mass-affluent retirees and pre-retirees.
Citibank incumbent is retiring after 22 years with the firm.
The newest practice to affiliate with the firm is leaving Securities America after more than 30 years.
The team is coming under LPL’s umbrella after managing $150M in advisory, brokerage, and retirement plan assets at Stifel.
The broker-dealer says it will provide ‘innovative solutions and services’ to the credit union.
