The RIA aggregator, founded by CEO Ruediger 'Rudy' Adolf (above), has partnered with more than 50 registered investment adviser firms.
Four-person Undivided Wealth Management is based in St. Louis.
Observers say it's difficult to determine if this is a harbinger of the outcome in the roughly 20 outstanding lawsuits.
SEC commissioner says the Department of Labor rule set up an 'unworkable, impossible set of standards for people to comply with.'
He's pursuing an aggressive growth strategy and learning from past mistakes.
Says firm was negligent in case involving energy stock selection.
Top regulator says the relationship model is different with a broker or investment adviser, but both must put clients' interests ahead of their own.
New owners plan more growth for the software service provider.
As a wave of mergers hits the asset management industry, some analysts question whether the firm should make an acquisition
Thomas W. Lee claimed Barclays shortchanged him after he guided sale of advisory unit to Stifel Financial Corp.
Transactions pose inherent risks to policyholders, such as the buyer having a weak credit rating or increasing contract fees.
Agency says Tibor Klein used 'material, non-public information'
The chairman and CEO wants to set a better example for his colleagues by not always being the first one in the office and the last to leave.
Becoming an outsourced chief retirement officer could help combat fee compression.
Director Brett Redfearn clarifies how the SEC defines 'best interest' and how it will determine whether a broker is in compliance.
However, it likely won't bar employees from filing 401(k) lawsuits against their employers.
Endeavor Wealth Advisory Group is based in Rochester, N.Y.
Fuad Habba deposited checks drawn on closed accounts.
The three-judge panel split again, 2-1, in deciding not to take another look at the motion to intervene by California, New York and Oregon.
