Ivan Acevedo pleaded guilty last summer to conspiracy to commit mail and wire fraud for his role in the $1.3 billion Woodbridge real estate scheme and is currently in federal custody, according to the SEC.
The theme of the broker-dealer self-regulator's agenda this year is protecting the retail investors who have surged into the financial markets, Finra CEO Robert Cook said during a webinar.
A third of people say they would quit rather than have to return to an office, a recent survey found.
'It’s really important to get the public feedback, but it’s also really important to move on,' the agency's chairman told a group of financial industry representatives.
Last year was an unusually productive one for Morgan Stanley and its close to 16,000 financial advisers, who brought in record net new assets for the year.
Eight of the 11 acquisitions Captrust did last year involved wealth management firms, a trend that Rush Benton says will continue.
Merrill Lynch, an industry bellwether, reports a host of new highs in 2021, ranging from revenue to assets and net new ultra-high-net-worth clients.
The announcement is the culmination of a multiyear initiative to modernize Junxure after its acquisition in 2018. The upgraded system will continue to be offered as a stand-alone product, priced per user.
Ex-broker Perry Santillo also must pay $103 million in restitution.
The financial planning fintech will use the latest injection of capital to invest in its technology and product suite to upgrade its client experience.
OCC gives conditional banking license for online lender SoFi.
Incedo’s implementation efforts will help Skience’s platform reach more registered investment advisers.
The products had net inflows of $23.9 billion, a significant increase from the $6.7 billion in outflows seen in 2020, according to a report from Morningstar.
Acorns plans to pursue traditional public offering.
The three advisers, who will operate as The HarborView Group in St. Petersburg, previously were affiliated with Morgan Stanley.
One way we decide which new technologies to implement (or at least consider) is by asking our clients to provide detailed feedback on communications every other year.
Giant Virginia bank’s RIA arm will shed operations as well as assets.
A JPMorgan Bank rep who advises on $200 million also moves to Atlanta-based Arkadios Capital.
John and Jennifer Tarantino affiliate with LPL Financial in Florham Park, New Jersey.
Justin Green, founder of AssistFP, has learned that developing a niche is an evolutionary process.
