Displaying 130 results
Meet William Glubiak, CEO of $2 billion firm Cedar Brook Group
He's pursuing an aggressive growth strategy and learning from past mistakes.
Finra should let brokerages decide whether to supervise unaffiliated RIAs, FSI says
But dually registered advisers back the regulator's effort to get broker-dealers out of their hair.
Michigan $120 million indie switches to Securities America
Morrison Nordmann, based in East Lansing, changes broker-dealer affiliation.
Three indies bring $719 million to Securities America
Super OSJ and two large groups switch from NPC, LPL and Invest.
Two super OSJs overseeing $3.5B affiliate with Securities America
The firms, with a total of 65 brokers, were formerly affiliated with National Planning Holding.
Securities America latest broker-dealer to let advisers use text messaging
After two years of development, the company is believed to be the first major IBD with a compliant texting solution
William Galvin fines Securities America over radio ads
Failure to supervise rep's efforts to woo elderly costs firm $125,000 in Massachusetts.
Financial Focus takes $446 million in assets from NPC to Securities America
Women-owned Carlsbad, Calif.-based firm specializes in serving women.
LPL loses another big team to Securities America
Professional Investors Network, with 70 advisers and $1.7 billion in assets, was affiliated with NPH.
LPL watching $100 million in NPH production move to rivals, executives say
Securities America, Cambridge and Commonwealth are winning advisers, but LPL may still retain 50% to 75% of NPH revenue
LPL loses $1.3 billion super OSJ to Securities America
Priority Financial Group specializes in credit unions in the Southwest.
Firm managing $170 million at National Planning moves to OSJ
Benson Financial Group in Hannibal, Mo., affiliates with branch of Securities America.
Finra bars former Securities America broker
Bruce Barber failed to provide information about selling unapproved securities.
For small B-Ds, becoming part of a branch office of a larger firm is a viable exit strategy
Such deals allow them to get out from under the cost of running a broker-dealer, but preserves their brand and culture.
Compass Financial Resources moves affiliation to Securities America
Kansas-based firm managing $340 million had been affiliated with National Planning Corp.
Securities America to pay another $1 million to Medical Capital Holdings investors in Massachusetts
The firm will make a final payment to investors who bought promissory notes issued by MedCap, a $1.7 billion Ponzi scheme sold mainly through independent broker-dealers.
Hybrid RIA managing $2.2 billion in client assets joins Securities America from LPL Financial
WealthPLAN Partners was with LPL for 27 years.
Broker-dealers deploying advanced cybersecurity measures
Tech experts are showing, not just telling, advisers that they are vulnerable to online threats
Finra sanctions a dozen IBDs $6.7 million for breakpoint snafus
Finra ordered a dozen firms to pay restitution and fines totaling $6.7 million for failing to give clients discounts for large purchases of unit investment trusts.
Massachusetts’ Galvin to investigate alternative fund sales by advisers
Sales of 25 top 'liquid alts' mutual funds will come under greater scrutiny from the state regulator.
