Neal Smalbach was fired by a broker-dealer in 2008 for selling securities while he was unregistered, an infraction that got him suspended by the Financial Industry Regulatory Authority Inc. for six months, according to the organization's BrokerCheck system.
Gregory Vaughan has the demeanor of your favorite college professor — accessible, attentive and humble
Workers often leave 401(k) accounts with former employers for no good reason, survey finds; advisers missing a trick
Securities America reported an ugly $115 million loss in the first quarter, which may not seem overly appealing to potential buyers. Then again, most of the red ink was due to litigation costs. And with the B-D's legal troubles seemingly behind it, the brokerage could be poised for better days.
Gas isn't the only thing that is getting more expensive. eying
Revenues up, net new assets up, custody business up. It's hard to find much that went wrong for the discount brokerage in the first quarter of the year.
A Fidelity survey finds advisers and brokers are still striking out on their own. And they're taking more and more of their assets with them when they leave.
Got an investment hunch? Fight the urge, says DFA's Bosworth
Aguilar, Gallagher tipped for relatively painless confirmation process
New report supports assertions that large number of ex-commission employees represent outside clients before the agency
Matthew McLennan (middle), portfolio manager at First Eagle Funds, and David J. Winters (right), manager of the Wintergreen Fund, sit down with WealthTrack's Consuelo Mack (left) at the Retirement Income Summit today in Chicago.
Davies latest in a series of of top execs who've left the financial firm since CEO change in 2008
In a recent case (Cajun Industries LLC v. Robert Kidder, et al.), the court ruled that despite having previously named his three children as beneficiaries of his 401(k) plan, a deceased plan participant's 401(k) balance will pass to his new wife
Jamey Delaplane, partner at law firm Davis & Harman LLP, warned advisers in attendance at the <i>InvestmentNews</i> Retirement Income Summit that IRAs are likely to come under increased regulatory scrutiny.
California today announced a settlement with John Hancock Financial Services Inc. after an investigation revealed that the carrier failed to deliver deceased clients' death benefits promptly to the tune or $20 million. Similar cases are ongoing in Florida, too.
Class-action litigants, B-D finally sign off on deal over soured Reg D offerings; agreement to be filed with judge 'within the week'
After a surge in variable annuity sales last year, financial advisers are curious about just how much more business the largest sellers can handle without biting off more than they can hedge
BofA, JPMorgan and Wells looking to horn in on retirement plan biz; could be good news for employees
The securities industry wants no part of a Finra proposal to cap at 15% commissions and other fees for outside private placements, claiming that it would prevent small business from raising capital
