Tag: investment adviser
Former Fifth Third Bank Firm with $1 Billion in Assets Joins...
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisors Raanan Pritzker, Brian Brenneman, and Neal Foushee have joined LPL’s employee advisor...
Industry Trade Groups Urge SEC to Withdraw Proposed AI Rule
The Securities and Exchange Commission continues to receive backlash to it proposed technology rule, “Conflicts of Interest Associated with the Use of Predictive Data...
Former Wells Fargo Advisor with $175 Million in Assets Joins LPL
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisor Aaron Cizon has joined LPL’s employee advisor channel, Linsco by LPL Financial,...
Former Morgan Stanley Advisers with $1.2 Billion in Assets Join LPL...
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that Burke Francis and Christopher Francis, who have more than 80 years of combined experience,...
Former Park Avenue Securities Advisor with $102 Million in Assets Joins...
Cetera Financial Group, one of the nation’s largest networks of independently managed broker-dealers, announced that Anne Crabbe and her team have joined Cetera Advisor...
Industry Groups Bash SEC’s “Continued War on Technology”
Fourteen advocacy associations representing various aspects of the financial services industry voiced their strong opposition this week to the SEC’s proposed rule, Conflicts of...
SEC Fines YieldStreet $1.9 Million Over Disclosure Failures
The Securities and Exchange Commission announced a settled action against New York-based YieldStreet Inc. and its registered investment adviser subsidiary, YieldStreet Management LLC, for...
LPL Financial Recruits Another Wells Fargo Advisors Team
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that father and son financial advisors Michael Climer and South Carolina state senator Wes Climer...
SEC Broadens Marketing Rule Crackdown; Fines Nine Firms for Violations
The Securities and Exchange Commission announced charges against nine registered investment advisers for advertising hypothetical performance to the general public on their websites without...
SEC Shuts Down Alleged Multimillion Dollar Ponzi Scheme
The Securities and Exchange Commission obtained a preliminary injunction against Mina Tadrus and Tadrus Capital LLC in relation to an alleged Ponzi scheme.
The injunction,...
Former Goldman Sachs Partners Start Credit-Focused Alternative Investment Firm
Former Goldman Sachs Group Inc. partners Tom Connolly and Mike Koester co-founded a new firm, 5C Investment Partners, an alternative investment firm focused on...
Former Lincoln Financial Group Advisors with $800 Million in Assets Join...
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that Validus Financial Associates has joined LPL Financial’s broker-dealer, registered investment advisor and custodial platforms.
The...
SEC Issues Risk Alert Detailing Why a Firm May Be Targeted...
The Securities and Exchange Commission’s Examinations Division published a new risk alert yesterday that details reasons why a firm may be selected for an...
Former Securities America Advisors Join Cetera Financial Group
Cetera Financial Group, one of the nation’s largest networks of independently managed broker-dealers, announced that Brent McDonald and his Tar Heel Wealth Management Team...
Former Merrill Lynch Advisors with $205 Million in Assets Join LPL...
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisors Ed Winegar and Gregory Berg have joined LPL’s employee advisor channel, Linsco...
Former VALIC Financial Advisors with $350 Million in Assets Join LPL...
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisors Steve Boeckmann and David Wyzgowski have joined LPL Financial’s broker-dealer, registered investment...
Former Cetera Advisors with $280 Million in Assets Joins LPL Financial
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that Legacy Wealth Advisors Inc., has joined LPL Financial’s broker-dealer, registered investment advisor and custodial...
Former UnionBanc Advisor with $385 Million in Assets Joins LPL Financial
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisor Matthew Holbrook has joined LPL’s employee advisor channel, Linsco by LPL Financial,...
Stratos Wealth Holdings Hires Former LPL Exec as Chief Operating Officer
Stratos Wealth Holdings, comprised of a number of registered investment advisory firms with nearly $52.9 billion in client assets under management, announced the appointment...
SageView Advisory Names New Chairman and CEO
SageView Advisory Group, an independent registered investment advisory firm, announced that founder and current CEO Randy Long will assume the role of chairman of...
