The broker, Frank Dietrich, earned $261,000 in commissions from the sales.
An explosion in wealth in the wake of the financial crisis has banks targeting the growing ranks of super rich.
Kovitz, which pushes beyond $4 billion under managment with its second deal of the year, is part of the network of Focus Financial Partners.
The broker, David Fagenson, racked up hundreds of thousands of dollars in commissions from the trades.
Harassment allegations spur increase of female leadership in stock-picking unit
Interest group chapter argues the state's Department of Financial Services exceeded its authority with the rule.
Rising interest rates and slowing stock market drive assets to insurance products, Limra report says.
Many of the challenges that farming faced in the 1980s are now confronting the financial services industry
Are you helping clients with the four key transitions in retirement?
Jackson National and Lincoln Financial, among the largest VA providers, recently announced distribution partnerships set to kick in next year.
Learn how and why one advisor decided to make the move to independence, and how his business fared.
With rising health-care costs threatening to derail carefully constructed retirement plans, advisers should ensure clients successfully navigate the process of signing up for Medicare to avoid stiff penalties.
Some clients may not even realize they're supposed to enroll.
There's still time to re-shop Medicare coverage for those already enrolled.
Here's what advisers should be reviewing with their clients each year between ages 62 and 70.
Inability to deduct management fees will make the funds, which are struggling this year, even less attractive to investors.
How to maximize donations under the new tax rules.
Stocks look cheap after their losses this fall, but if earnings deteriorate, they could fall more.
The active fund manager is one of several investment firms to settle self-dealing lawsuits in the last few years.
New top tier added for ultra-high-income retirees next year.
