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Monthly Archives: April 2018

Passco to Open Orlando Office, Adds Five New Hires in Latest Expansion

Passco Companies LLC, a sponsor of 1031 Delaware statutory trusts and other alternative investments, has added an office in Orlando, Florida and five new...

Triad Recruits $325 Million Firm to its Broker-Dealer and Hybrid RIA Platforms

Triad Advisors LLC, a wholly owned subsidiary of Ladenburg Thalmann Financial Services (NYSE American: LTS), has recruited Cirrus Wealth Management to join its broker-dealer...

SEC Charges Additional Defendant in Initial Coin Offering Scheme

The Securities and Exchange Commission announced additional fraud charges stemming from an investigation of Centra Tech Inc.'s $32 million initial coin offering. In an amended...

Ameriprise Reports Strong Growth in 1Q18, CEO Supports SEC Advice Rule

Ameriprise Financial Inc. (NYSE: AMP), one of the nation’s largest independent broker-dealers, reported strong growth during the first quarter of 2018 across a number...

KBS Strategic Opportunity REIT Criticizes Whitestone REIT Exec Compensation in Proxy Fight

KBS Strategic Opportunity REIT Inc., a publicly registered non-traded real estate investment trust and one of the largest shareholders in Whitestone REIT (NYSE: WSR),...

LPL Recruits Financial Advisor with $123 Million in Client Assets

LPL Financial, the nation’s largest independent broker-dealer, announced that Ric Kellogg has joined its broker-dealer platform and aligned with IHT Wealth Management, an independent...

Strategic Storage Growth Trust Increases NAV Per Share and Annualized Distribution Rate

The board of Strategic Storage Growth Trust Inc., a publicly registered non-traded real estate investment trust sponsored by SmartStop Asset Management, has approved an...

Hospitality Investors Trust Increases NAV Per Share

The board of Hospitality Investors Trust Inc., a publicly registered non-traded REIT formerly known as American Realty Capital Hospitality Trust, has approved an estimated...

SEC Obtains Judgment Against Former SII Investments Advisor for Allegedly Defrauding Clients

A federal district court entered a judgment against a former SII Investments advisor and tax preparer for defrauding his clients of more than $1...

InPoint Commercial Real Estate Income Originates $5.6 Million Mortgage Loan

InPoint Commercial Real Estate Income Inc., a commercial mortgage real estate investment trust sponsored by Inland Real Estate Investment Corporation and sub-advised by an...