Firm had filed a lawsuit against Ryan C. May, alleging he was soliciting old clients in violation of his employment agreement.
AXA Equitable and Ohio National have recently tried switching consumers out of VAs with rich benefits through buyouts and exchanges.
Regulator to meet April 18 to consider three-part plan that includes disclosure document, broker standard, adviser-standard interpretation.
Those who work with an adviser are most likely to buy an annuity.
Regulator was investigating Kevin Lee's possible undisclosed business activities.
Firm is moving to fees based on the amount of each customer's assets.
Investor advocates and industry representatives are both hopeful and concerned after studying overview of proposal slated for release on April 18.
Consolidation, unbundled platforms and the use of proprietary funds play a role, according to retirement plan advisers.
Ingham Retirement Group, which works primarily with employer-sponsored plans, left because the firm's brokerage business had been declining.
Upcoming reports on companies' profits may fail to fulfill high expectations.
Also censures firm, which agrees to review its supervision practices.
Large regional firms and their specialist advisers seem to be in the regulator's cross hairs.
Ms. Havlik will oversee Finra's surveillance and examination programs.
Customers alleged Scott W. Palmer made unsuitable energy stock recommendations.
The scheme involved soliciting the clients of another barred adviser.
The sale is part of Capital One's exit from some financial services businesses.
The Financial Planning Association is trying to be too many things to too many people.
Acquisition of Capital One's advisers represents growing trend among independent broker dealers.
Show your clients that you have their best interests at heart by making innovations in your offering
Morrison Nordmann, based in East Lansing, changes broker-dealer affiliation.
