The broker sold the speculative, illiquid GWG L bonds to four customers, despite the bonds not being suitable for them, Finra stated.
The lobbying group's regulatory wish list to the president-elect's transition team includes reforms around ETF innovation, private-market products, and slashing regulatory costs.
Following a $300 million investment, LPL is set to gain $60 billion in assets from Prudential's broker-dealer and RIA business.
Federal Reserve Chair was "neutral" in comments after November rate cut – and the election – but was clear that he won’t be pressured to leave his job by Trump.
The fintech giant's upcoming all-in-one solution for UHNW clients and family offices combines portfolio management, performance reporting, and CRM into a unified interface.
This season’s market volatility: Positioning for rate relief, income growth and the AI rebound
The broker-dealer giant's latest partner in Florida represents 125,000 members with over $2.8 billion in assets.
The wealth tech firm says new COO will be "invaluable" in addressing firm's rising demand for next-generation portals and AI functionality.
A former Merrill Lynch broker, John Christopher Polit, helped launder bribe money for his father, according to reports.
The fintech's move to integrate both life insurance and annuities promises to enable more comprehensive financial planning among advisors.
Over half of people retire sooner than expected, and rising costs due to inflation, along with unexpected expenses, are leading a growing proportion of retirees to turn to credit cards, EBRI found.
Morningstar Retirement report unpacks the challenges and opportunities from adding private market fund exposure to defined contribution plans.
The wealth management giant has bolstered its independent advisor arm again with the latest additions in the Pacific Northwest.
The giant RIA platform's new turnkey multi-manager program offers automated, tax-aware options to manage $5 billion in assets across its partner firms.
The Cetera subsidiary continues to demonstrate the appeal of its tax focus with its latest independent advisor addition in the East Coast.
The platforms' alliance will address a major barrier for DPL advisors that want to incorporate annuity and insurance products into their practices.
Fintech startup Zeplyn's flagship product, a platform-agnostic meeting assistant, reportedly saves advisors 10 to 12 hours per week.
The firm's newly appointed regional leader, part of its latest addition in Philadelphia, will spearhead its expansion in the East Coast.
The Canadian bank-owned wealth giant is strengthening its presence in Virginia as it welcomes the 23-year veteran to its network.
The broker-dealer giant's latest breakaway additions in San Diego, California are joining an existing team while opening a new office location.
