Tag: financial services
Massachusetts Finalizes State Fiduciary Rule
Secretary of the Commonwealth William Galvin has filed regulations to impose a fiduciary conduct standard in Massachusetts. The new regulations will go into effect...
Private Equity-Backed Wealth Enhancement Group Buys $1.3 Billion RIA
Wealth Enhancement Group, an independent wealth management firm that oversees $17 billion in client assets, has purchased JOYN Advisors Inc., a registered investment adviser...
Phoenix American Hospitality Adds Internal Wholesaler
Phoenix American Hospitality, a Dallas-based opportunistic hotel fund manager, has added Brad Cooke to its distribution team as an internal wholesaler. In his new...
SEC Obtains Judgment Against Former Adviser Charged with Defrauding Retirees
A federal district court in Massachusetts entered a final judgment against Richard Cody, a former investment adviser and broker representative who defrauded Massachusetts retirees.
According...
LPL Recruits Credit Union Wealth Management Practice from Cetera
LPL Financial LLC, the nation’s largest independent broker-dealer, has added Tarik Eldin and Mike Hastings with SCU Investment Services at Sacramento Credit Union to...
Franklin Templeton to Buy Legg Mason for $4.5 Billion
Franklin Resources Inc. (NYSE: BEN), a global investment management organization operating as Franklin Templeton with approximately $688 billion in assets under management, plans to...
Ladenburg Thalmann Completes Merger with Advisor Group
Ladenburg Thalmann Financial Services Inc., a financial services company, has completed its merger with Advisor Group Inc., one of the nation's largest networks of...
Trilogy Adds Key Executive As it Eyes Broker-Dealer Distribution
Trilogy Real Estate Group, a Chicago-based real estate investment and property management firm, has hired Matt Leiter as its chief financial officer. In his...
Next Financial to Refund $500,000 to Customers over Mutual Fund Sales
Texas-based broker-dealer Next Financial Group Inc. has agreed to refund $500,000 to customers of a former broker who moved clients in and out of...
Sponsored: Time Equities Inc. Announces Closing of Fund IV
Time Equities, Inc. (TEI), a New York-based real estate investment and development firm, today announced the closing of its fourth Fund (Fund IV), raising...
