Settlement is part of a $26 million agreement between the independent broker dealer and the North American Securities Administrators Association.
Thomas Monroe and John McDermott join employee unit in West Hartford, Conn.
James Nagengast is challenging Finra's handpicked nominee, Shelley O'Connor, co-head of wealth management at Morgan Stanley.
Merrill Lynch has seen two teams exit recently, each with more than $4 billion in client assets.
At investor town hall in Atlanta, the agency's head urges clients to press advisers on fees
Dynasty Enterprise Group will focus on updating large-firm infrastructure.
Just 30% of baby boomers and older investors have made similar investments, Fidelity Charitable finds.
The proposed best-interest standard applies only to 'retail customers,' a definition that seems to omit broker recommendations to retirement plans. RIAs, though, are still on the hook.
For different reasons, each says client-relationship-summary disclosure is flawed.
The sale would keep the platform in the LPL network, and could be used as a way to lure retirement advisers away from Independent Financial Partners.
Despite shifting tones from presidential administrations, advisers can still safely apply ESG factors in investment decisions.
Advisers must weigh pros such as ease and efficiency against drawbacks like client risk and less leverage.
Sean Aaron Brady failed to cooperate with Finra's investigation into the circumstances of his termination.
SEC offers favorable settlement terms through Monday to investment advisers who acknowledge they didn't use the lower-fee option available in a fund.
$1B+ fee-only RIAs ranked by year-over-year growth in total assets.
Although the trust fund depletion date remains unchanged, 2034 is when surplus funds will run out if Congress doesn't act
Committee for the Fiduciary Standard tells public to demand their financial advisers sign an oath.
A consistent priority during Securities and Exchange Commission exams is looking at disclosure of conflicts of interest.
