Home Tags Financial services

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...