Tag: financial adviser
Bipartisan US Senate Bill Calls for Greater Federal Reserve and SEC...
Sens. Elizabeth Warren (D-Mass.) and Pat Toomey (R-Pa.), ranking member of the Senate Banking Committee, announced the bipartisan Financial Regulators Transparency Act, legislation that...
Mercer Acquires $5 Billion RIA
Mercer Advisors Inc., a registered investment adviser with $38 billion in client assets, acquired Regis Management Company LLC, a wealth management firm with $5...
Mercer Advisors Acquires RIA with AUM of $1 Billion
Mercer Global Advisors Inc., a registered investment adviser with $38 billion in client assets, announced the acquisition of Goldstein Munger + Associates Inc.
Goldstein Munger,...
Senate Bill Would Boost Alts in Defined Contribution Plans
Republican members of the U.S. Senate Banking Committee have introduced the Retirement Savings Modernization Act to “bolster American’s retirement savings” by allowing defined contribution...
Former LPL Broker Pleads Guilty to Fraud and Witness Tampering
James Kenneth Couture, a registered investment adviser and former LPL broker accused of stealing nearly $3 million from six clients, has pled guilty to...
Advisor Group’s Triad Recruits Gallagher’s $6 Billion Retirement Consulting Practice
Triad Advisors, an independent wealth management firm and part of the Advisor Group network, has recruited Gallagher's Retirement Plan Consulting Practice, a team of...
FINRA Fines Crown Capital Securities over Commission Payments
The Financial Industry Regulatory Authority has ordered Crown Capital Securities to pay a $75,000 fine to settle allegations that the broker-dealer paid transaction-based compensation...
Royal Alliance Super-OSJ Acquires $4.5 Billion Firm
GenXFinancial, a wealth management firm affiliated with Advisor Group subsidiary Royal Alliance, has acquired Boston Partners Financial Group, a New England-based financial advisory firm...
SEC Obtains Final Judgement Against Former Morgan Stanley Adviser Who Stole...
The Securities and Exchange Commission has obtained a final judgement against former Morgan Stanley advisor, Michael B. Carter, who stole more than $6 million...
Guest Contributor: Marketing and Networking Best Practices for Financial Professionals
By: Drew Jackson, President of Concorde Investment Services
Financial professionals work in an extraordinarily dynamic and rapidly evolving industry, where new tech, new tools, and...
Former LPL Broker to Plead Guilty to Stealing $2.9 Million from...
Massachusetts-based investment adviser and former LPL Financial broker, James K. Couture, will plead guilty to three counts of wire fraud and one count of...
SEC Charges Former LPL Broker with Stealing $2.9 Million from Clients
The Securities and Exchange Commission has charged Massachusetts-based investment adviser and former LPL Financial broker, James K. Couture, with defrauding his advisory clients and...
Advisor Group’s Royal Alliance Recruits $168 Million Wealth Management Team
Royal Alliance Associates, a broker-dealer within the Advisor Group network of independent wealth management firms, has recruited Azose Johnson & Associates, a Washington-based firm...
Advisor Group’s Triad Advisors Recruits Father-Son Duo
Advisor Group, a network of independent wealth management firms, has recruited Tor and Tyler Saile, a father-and-son hybrid wealth management practice with offices in...
Advisor Group’s Woodbury Financial Recruits $257 Million Team
Woodbury Financial Services, an independent wealth management firm within the Advisor Group network, has recruited Illinois-based Ambassador Wealth Management, a multi-service wealth management practice...
Advisor Group’s Triad Recruits Two Pennsylvania-Based Wealth Management Practices
Advisor Group, a network of independent wealth management firms, has recruited GL Capital and East Coast Advisory, two wealth management practices based in Pennsylvania...
SEC Bars Advisor Who Pled Guilty to Defrauding Clients Out of...
The Securities and Exchange Commission has barred former investment adviser Isaiah Goodman, who pled guilty in a Minnesota district court to defrauding at least...
Private Equity-Backed Mercer Advisors Buys $740 Million Firm
Mercer Global Advisors Inc., a registered investment adviser with $28 billion in client assets, has purchased Epstein & White Financial LLC, a wealth management...
SEC Charges Former Adviser with Fraud for Allegedly Stealing $2.3 Million...
The Securities and Exchange Commission has charged former investment adviser Isaiah Goodman with allegedly defrauding his advisory clients out of approximately $2.3 million.
According to...
Mercer Buys Two RIAs with a Combined $1.6 Billion AUM
Mercer Global Advisors Inc., a registered investment adviser, has acquired McGee Wealth Management Inc., a firm located in Portland, Oregon with approximately $815 million...
