Garrett Elder and his Tycoon Trading firm also ordered to pay $7.4 million in restitution for issuing and selling unregistered securities.
Industry veteran Daniel Gourvitch steps into the new role with the charge of building out the Mercer platform to attract more advisers.
In the 2022 tax form draft instructions, the agency explicitly says that digital assets include NFTs and virtual currencies.
The sale does not include Securian's pension risk transfer and institutional retirement businesses.
Almost half of high-net-worth individuals are so worried about retirement security that they avoid thinking about it all together.
Atlanta-based Kalos Capital has been crushed by more than $9 million in legal fees and costs related to sales of GPB private placements.
The ESG product would seek to expand disaster coverage and provide pricing transparency.
The unit, Transition Capital, is part of BlackRock Alternatives and will be led by Dickon Pinner, former head of McKinsey Sustainability.
The deal for the Massachusetts firm marks the 59th acquisition for Raleigh, North Carolina-based Captrust.
Such a move can be the rocket fuel to grow a meaningful practice with long-term growth potential and a recession-proof business model.
The partnership with Valeas Capital Partners follows a 2020 partnership with Kudu Investment Management. Sequoia remains majority employee-owned.
The revenue stream is at risk as the number of retirees grows faster than the number of workers paying taxes.
Republicans on the House Financial Services Committee give a preview of the pressure they're likely to apply to SEC Chairman Gary Gensler if the party takes over the House in the midterm elections.
'No one is going to want to settle with broker-dealers over GWG claims until the bankruptcy is resolved,' an attorney said about the lawsuit filed by Emerson Equity.
The free, anonymous assessment takes about 20 minutes to complete, and Envestnet is building a comprehensive database from the findings.
Chris Albright’s Astra Wealth Advisors makes the move in Clarks Green, Pennsylvania.
The firm reported net revenue of $11.98 billion and net earnings of $3.07 billion for the third quarter amid discussion of the bank's reorganization.
The agency settles with Sacramento-based Keith Springer and his firm, Springer Investment Management, over fraud charges.
Here are a few celebrities who announced their retirements, then subsequently announced they were reversing that decision.
While hedge funds are aware of how leverage and low liquidity can pull them into deep markets, advisers need to keep in mind how this risk dynamic can play out within households.
