Regulator also fines broker Thomas T. Riquier $50,000 and bars him.
Fee-based advice is not perfect, but most clients prefer it over a commission-based option
Chairman Ben Brigeman will serve as interim chief executive while a search for a permanent CEO is conducted.
These next-generation leaders are raising their voices and gaining influence over financial advice regulation and legislation.
Investment Adviser Association works to preempt bias toward passive funds in retirement legislation.
Bulk of the outflow occurred at Allianz unit Pimco.
Donor giving was up $700 million from 2017 despite tax uncertainty.
His struggle to attract assets shows how low fees and passive investing have brought star managers back down to earth.
Advisers wonder what the lack of a formal brokerage agreement means from a regulatory standpoint.
Sources say Kestra is being valued at between $600 million and $800 million, about eight to 10 times EBITDA.
Fixed indexed annuities are an insured asset class unto themselves.
Leon LaBrecque's deliberate venture into succession planning landed him and his 1,400 clients in a good place.
IBD agrees to repay customers $1.9 million in addition to a $225,000 fine
Arbitration claim accuses well-known adviser of actions that resulted in excessive fees.
The pursuit of talent has advisory firms rolling out structured career training, job skills, even CE credits.
Group will open office for firm in downtown Cincinnati, Ohio.
Floyd Powell received $104,000 in commissions from the transactions.
Bigger cash weightings reveal a preference for safety over returns as the bull market ages
Green Square Wealth Management was formed earlier this year.
Strategic Financial is based in Hauppauge, N.Y.
