Fakahany was seeking $70M in claim against former employer; 'totally incorrect'
Sallie Krawcheck's short list said to include John Thiel; joined the brokerage as an adviser in 1989
Schlafly exiting for personal reasons; Advisor Group's Roth to fill in for the moment
Maybe plain-English writin' ain't as easy as RIAs thought; better late than error
Asset manager hires Robert Francis, former COO at B-D's retirement unit
An expert witness claims that Ameriprise can kick in $110M to help settle Reg D lawsuits against its Securities America unit. A meeting with a mediator on Thursday may reveal exactly how far the parent company is willing to go to bail out the besieged B-D.
The largest, fastest-growing, and up-and-coming registered investment advisory firms.
Pacific Investment Management Co. hasn't seen redemptions from Asia investors following last week's earthquake in Japan, Chief Executive Officer Mohamed El-Erian said.
With college tuition reaching mind-boggling levels, economist Laurence Kotlifoff reexamines the ROI of higher education. What he discovers may explain why the guy who fixes your sink drives a better car than you do.
Southwest Securities Inc. will pay $500,000 to resolve Financial Industry Regulatory Authority claims that the firm violated Municipal Securities Rulemaking Board rules by using paid consultants to solicit business.
Claims David Becker and brothers inherited money from parents; $1.5M in question
Securities America scored a huge victory in a crucial Reg D case this week, as a judge combined private-placement arbitration claims with class actions. Not surprisingly, the plaintiff's attorney lambasted the decision.
It took a long time, but Kevin Carreno has been vindicated
Alan Harter's clients started suggesting more than two years ago that he should cut his Wall Street ties and become their independent investment adviser
The 200 to 300 financial advisers and trainees given their walking papers at Morgan Stanley Smith Barney LLC this quarter probably won't have much trouble finding new jobs, according to industry recruiters.
The SEC deserves a pat on the back for eliminating the requirement that a securities industry representative sit on Finra arbitration panels. Still, its obligation to assure that investors get a fair shake in disputes with their brokers remains unfulfilled.
The Securities and Exchange Commission yesterday approved a Financial Industry Regulatory Authority Inc. proposal to give investor claimants the option of using all-public arbitration panels.
CFO's resignation comes just months after departure of company's CEO
