The firm was fined $200,000 for failing to supervise the rep, whose grandmother was 88 and widowed when she opened her account in 2014.
State regulators grant more time for input after getting pushback from groups representing the alternatives sector.
WealthPlan Advisors, based in Scottsdale, Arizona, provides retirement plan and investing consulting services to nearly 600 clients.
The global sell-off in bonds results in the second straight quarter in which the asset management company's clients pulled money from its funds.
The regulator censured the firm for publishing research reports that included inaccurate historical stock ratings.
The senior director would like advisers to embrace conversations about ESG with clients and 'do a little less judging and maligning of people who are taking different approaches.'
While the choppy market performance dented total platform assets, rising interest rates have boosted the spread the TAMP earns on cash held by its proprietary custodian.
Social Security's earnings restrictions disappear once individuals reach their full retirement age, but FICA taxes on income do not.
A major modification to the proposal would allow state regulators to participate in arbitration hearings that determine whether to clear a broker's record of a customer dispute.
The company has already completed 14 deals this year and has an “excellent” pipeline that includes a mix of new partners and merger opportunities, said Focus Financial founder and CEO Rudy Adolf.
The Georgia Court of Appeals ruled 3-to-0 that an earlier decision had not provided a proper basis for vacating the arbitration award Wells Fargo won in 2019.
The life insurance and wealth management company is making its second acquisition in a week by picking up advisory firm Gladstone.
Institutional investors will be able to use BlackRock's Aladdin investment management system to oversee their exposure to bitcoin along with assets such as stocks and bonds.
A new survey shows a majority of adults report overall confidence in their ability to achieve their financial goals despite rising prices.
MGO Investment Advisors joins with One Seven; Merchant Investment takes a minority stake in the new firm.
The state attorney general is looking at whether the company or its Sustainalytics unit violated a consumer protection law or another law that prevents the state from entering into contracts with companies that boycott goods or services from Israel.
This year's slide in stocks and bonds hasn't been pleasant for anyone, but it's been most disheartening for those with kids heading off to college this fall.
Volatile markets may be holding recruiting activity back from its breakneck pre-pandemic pace but mergers and acquisitions have more than rebounded from the 2020 low.
'Tis the season? LPL points to 'seasonality' to explain the slight bump in the rate of adviser pay in Q2.
Among the suggestions for mitigating conflicts are to avoid compensation incentives for selling certain products and to minimize incentives for favoring one type of product or account over another.
