The advisor lied to unsuspecting clients, including vulnerable retirees, for over 20 years to fund his gambling, cars, collectibles and other personal expenses.
The definitive agreement to acquire The Investment Center, based in New Jersey, will add 240 financial advisors into LPL's network.
The veteran closer and leader is expected to drive further growth as he brings a record of dealmaking success from Focus and Goldman Sachs.
The new functionality, currently available on an invite-only basis, promises to help firms funnel leads to advisors and teams best suited to meet their needs.
Some customer complaints went unreported, and many mutual fund purchases were not reviewed, according to the self-regulatory organization.
"I have small firm roots, just look at my dad," Jodie Papike said.
The broker-dealer giant's new chief advocacy officer boasts more than 25 years of experience in government relations lobbying for financial services companies.
Data from more than 7,800 women show ongoing insecurities in handling investments, but lack of representation holds many back from working with advisors
Around half of the assets held by a private fund advised by the Florida-based firm were lost in 2022 amid the collapse of FTX, according to the SEC.
The company's decision to offset $27.5M in contributions over a five-year period was a breach of fiduciary duty to retirement plan participants, argues class action.
RBC Wealth Management’s latest hires in Pennsylvania and Virginia reportedly managed $801M in client assets combined.
A 2022 Federal Reserve data snapshot showing growth in housing and financial assets should be read with care, says retirement think tank.
The tech-enabled solutions provider eyes its next growth phase with experienced leaders from Tudor, Putnam Investments, and Merrill Lynch.
Recommendations include new process to identify prohibited transactions.
Working longer helps with finances and psychological wellbeing, but over half of people end up retiring sooner than planned.
The group led by a trio of advisors is joining the firm’s independent advisor channel in Colorado.
CFA Institute survey unpacks industry’s mixed views on artificial intelligence, and how the road to AI + HI is still paved with risk.
The IBD’s newest advisor addition arrives via a new offering to its national network of community financial institutions.
The AI-powered regtech by Surge Ventures is raising its game with a new suite of efficiency-boosting workflow tools.
"The appetite by financial advisors for private equity funds is super high right now," says one industry executive.
