Tag: investment adviser
Brookstone Capital and FormulaFolios Merge to Create $6.5 Billion RIA
Brookstone Capital Management and FormulaFolios, two registered investment adviser firms, are combining to create a $6.5 billion RIA.
The combined company will retain the Brookstone...
SEC Obtains Judgment Against Investment Adviser Charged with Fraud
The U.S. District Court for the Southern District of Indiana entered a final judgment against Tamara Steele and her Indianapolis-based investment advisory firm Steele...
New Jersey Extends State Fiduciary Rule Finalization Amid Pandemic
New Jersey Governor Phil Murphy has signed an executive order to extend various deadlines associated with rulemaking for state agencies, including its proposed fiduciary...
Commonwealth Hires Fidelity Exec to Expand RIA Business
Commonwealth Financial Network, a private registered investment adviser and independent broker-dealer, has hired Matthew Chisholm to serve in the newly created role of senior...
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...
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...
Massachusetts Moves Forward with State Fiduciary Standard
Massachusetts Secretary of the Commonwealth William Galvin, the state’s chief securities regulator, has signed off on new regulations that would impose a uniform fiduciary...
SEC: Cetera Investment Advisers to Pay $185,000 for Solicitation Disclosure Violations
Cetera Investment Advisers LLC, a registered investment adviser affiliated with Cetera Financial Group Inc., will pay a penalty of $185,000 to settle SEC charges...
Ameriprise Recruits Longtime Merrill Lynch Team
Ameriprise Financial Inc., a financial services firm with approximately 10,000 financial advisors, announced that CAM Wealth Management, a team of financial advisors with approximately...
IFP Hires Former Cambridge Exec as New Chief Compliance Officer
Independent Financial Partners, an independent broker-dealer and multi-custodial registered investment advisor that split from LPL Financial earlier this year, has hired Melissa Loner as...
