The broker sold the speculative, illiquid GWG L bonds to four customers, despite the bonds not being suitable for them, Finra stated.
Following a $300 million investment, LPL is set to gain $60 billion in assets from Prudential's broker-dealer and RIA business.
The broker-dealer giant's latest partner in Florida represents 125,000 members with over $2.8 billion in assets.
A former Merrill Lynch broker, John Christopher Polit, helped launder bribe money for his father, according to reports.
The wealth management giant has bolstered its independent advisor arm again with the latest additions in the Pacific Northwest.
The Cetera subsidiary continues to demonstrate the appeal of its tax focus with its latest independent advisor addition in the East Coast.
The firm's newly appointed regional leader, part of its latest addition in Philadelphia, will spearhead its expansion in the East Coast.
The broker-dealer giant's latest breakaway additions in San Diego, California are joining an existing team while opening a new office location.
“Stifel Financial made no offer to settle,” the client's attorney said.
The independent broker-dealer's latest partner firm, formerly with Cadaret Grant and its acquirer LPL, expects substantial benefits as it streamlines its operations.
George Tamer, recently named as the "channel enablement leader" at Wells Fargo, worked at TD Ameritrade for 20 years until 2021.
Antoniades’ position as CEO of Cetera Financial Group has been in question since spring of 2023.
The results of Tuesday’s election create tailwinds for the wealth management industry.
The broker-dealer giant's latest additions in Florida, North Carolina and Georgia are starting anew at RayJay's independent advisor channel.
The broker-dealer giant's latest additions to strengthening its Colorado and California.
The BD giant's latest eight-advisor recruitment burst gives it additional footholds in Ohio and Florida.
The $8.5B broker-dealer collective has added $215M to its network by welcoming two teams from Baird and B. Riley.
New chief executive Rich Steinmeier replaced Dan Arnold on October 1.
The $103B independent wealth platform's latest addition in Boca Raton, Florida comes after bolting from embattled firm B. Riley.
The latest addition to the firm's employee advisor arm in Fort Worth, Texas comes with roughly four decades of experience.
