Tag: brokerage
Manhattan Jury Finds Brokerage Firm and Two of Its Executives Liable...
Jurors in Manhattan federal court returned a verdict in the Securities and Exchange Commission’s favor against a brokerage firm and two of its executives.
The...
FINRA Fines Woodbury $225,000 Over Variable Annuity Supervision Issues
The Financial Industry Regulatory Authority has fined Woodbury Financial Services, an independent broker-dealer in the Advisor Group network, for not having a system in...
Four Former UBS Advisors with $530 Million Go Indie with Backing...
Former UBS wealth advisors Steven Tenney, Joseph Powers, Helen Andreoli, and Jack Piper have partnered with Dynasty Financial Partners to launch an independent wealth...
Benjamin F. Edwards Launches Registered Investment Advisor
Benjamin F. Edwards, an independent broker-dealer with $25 billion in assets under management, has launched their new corporate registered investment advisor, Edwards Wealth Management....
FINRA Bars Former Cambridge Broker for Misusing Client Funds
The Financial Industry Regulatory Authority has barred Anselmo Contreras Jr, a former Cambridge Investment Research broker accused of converting client funds that were intended...
FINRA Seeks Comment on New Broker Misconduct Rule
The Financial Industry Regulatory Authority is requesting comment on a new proposed rule that would target and impose financial obligations on brokerage firms with...
FINRA Suspends Former High-Profile LPL Broker for Borrowing Money from Client
The Financial Industry Regulatory Authority has suspended and fined James Bashaw, a former LPL Financial broker, for borrowing approximately $200,000 from an LPL customer...
Securities America Recruits Team with $200 Million in Client Assets
Securities America, a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE American: LTS), has recruited a group of six advisors with more...
Securities America Advisors Can Now Use Instagram for Social Media Marketing
Securities America, a wholly owned subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE: LTS), has provided its affiliated advisors with a compliant process to...
LPL Financial Hires EVP to Focus on Advisor Relationships
LPL Financial LLC, the nation’s largest independent broker-dealer, has hired Angela Xavier executive vice president of independent advisor services business consulting. In her new...
