Displaying 11 results
Ex-Osaic veteran advisor barred by Finra
'A lawyer may tell an advisor like this, there's no upside in responding to Finra, just leave the industry,' says a senior brokerage executive.
Advisor Group makes rebranding campaign official
A new name is forthcoming, and the firm's eight independent broker-dealers will be merged under that new name in 18 months.
Finra smacks Advisor Group with $1.3 million penalty over private placement sales
The four Advisor Group firms sold investors GPB private placements but failed to tell them that GPB hadn't made required filings, including audited financial statements.
Securian team managing $203 million bolts for SagePoint
Brian Falconer and 16 reps operate as Wealth Management Resource Group in Braintree, Massachusetts.
Group overseeing $800 million switches to SagePoint from Lincoln
IronBridge Wealth Counsel, which has eight advisers, has offices in seven cities across the country.
Broker-dealers face risks aplenty, regulators warn
Firms should be watching out for employees chatting on WhatsApp, as well as brokers in need of heightened supervision and complex products being sold to retail customers.
Adviser managing $155 million switches from Ameriprise to SagePoint
Divorce-related issues are specialty of Rehoboth, Massachusetts-based Lars Lambrecht.
Adviser overseeing $280 million moves to Arkadios
Ricky Moore’s Oak Financial Group in Angleton, Texas, had been with Sagepoint for seven years.
Team with $583 million joins SagePoint from Kestra
Charles Stephen, an Albuquerque, New Mexico-based firm with four advisers, will affiliate through super-OSJ AmeriFlex.
Team managing $450 million switches to LPL from Sagepoint
Arizona’s Progressive Financial Concepts will affiliate through an LPL office of supervisory jurisdiction, Wealth Consulting Group.
Advisor Group firms boost legal reserves
Royal Alliance Associates Inc., SagePoint Financial Inc., and FSC Securities Corp., increased legal reserves by as much as three times the amount of the prior year.
