Settlement is part of a $26 million agreement between the independent broker dealer and the North American Securities Administrators Association.
James Nagengast is challenging Finra's handpicked nominee, Shelley O'Connor, co-head of wealth management at Morgan Stanley.
Thomas Monroe and John McDermott join employee unit in West Hartford, Conn.
At investor town hall in Atlanta, the agency's head urges clients to press advisers on fees
Merrill Lynch has seen two teams exit recently, each with more than $4 billion in client assets.
Dynasty Enterprise Group will focus on updating large-firm infrastructure.
SEC says firm employees misled customers into overpaying for RMBS debt.
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.
The mutual fund giant was the largest shareholder of American Realty Capital Properties Inc. when it reported inflated financial results because of a $23 million accounting mistake.
For different reasons, each says client-relationship-summary disclosure is flawed.
Financial advisers should be explaining how they can help clients, rather than pushing products on them.
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.
Advisers must weigh pros such as ease and efficiency against drawbacks like client risk and less leverage.
SEC offers favorable settlement terms through Monday to investment advisers who acknowledge they didn't use the lower-fee option available in a fund.
Despite shifting tones from presidential administrations, advisers can still safely apply ESG factors in investment decisions.
Sean Aaron Brady failed to cooperate with Finra's investigation into the circumstances of his termination.
Now's the time for brokers and advisers to weigh in.
$1B+ fee-only RIAs ranked by year-over-year growth in total assets.
