Home 2019 February

Monthly Archives: February 2019

LPL Financial Adds Three Former Ameriprise Financial Advisors to Platform

LPL Financial LLC, the nation’s largest independent broker-dealer, has added financial advisors Michael Bonevento, James Costabile and Craig Laday to its broker-dealer and corporate...

Nelson Partners Buys $100 Million Student Housing Property Near the University of Texas, Austin

Nelson Partners Student Housing, an investment firm that specializes in Delaware statutory trust offerings, has purchased Skyloft, a newly constructed student housing property located...

Comstock Mining to Sell Non-Mining Assets to OZ Fund, Announces Comstock OZ Fund Plans

Comstock Mining Inc. (NYSE: LODE), a Nevada-based, gold and silver mining company, has agreed to sell the company’s non-mining assets in Silver Springs, Nevada...

SEC Halts Alleged Alternative Investment Scheme Targeting Retail Investors

The Securities and Exchange Commission announced fraud charges and an asset freeze against the operators of a South Florida-based investment fund, one of whom...

KBS REIT II Urges Shareholders to Reject CMG Tender Offer

KBS Real Estate Investment Trust II, a publicly registered non-traded real estate investment trust, is urging its stockholders not to sell their shares in...

Cetera Advisor Networks Adds $2.5 Billion OSJ

Cetera Financial Group, a network of independent broker-dealer firms, announced that North Ridge Wealth Planning, a full-service wealth management firm based in Melville, New...

CNB Custody to Offer Alts in Non-Qualified Accounts

CNB Custody, a division of Community National Bank, is now able to custody alternative assets in non-qualified accounts. “The current market is showing a strong...

Private Equity Firm to Purchase Majority Stake in Kestra Financial

Global private equity firm Warburg Pincus LLC has agreed to purchase a majority interest in independent broker-dealer Kestra Financial Inc. from its current owner...

Pacific Oak Capital Markets Appoints Manager of Product and Due Diligence

Pacific Oak Capital Markets Group LLC, the affiliated distributor of investment offerings sponsored by Pacific Oak Capital Advisors, has appointed industry veteran Mark Koshan...

NexPoint Outlines Plan to Nominate New Directors if Medley Capital Merger Not Approved

NexPoint Advisors L.P. is planning to nominate two independent directors at the Medley Capital Corporation not-yet-scheduled annual stockholder meeting if the proposed merger with...