Tag: wealth management
LPL Adds Three-Advisor Team with $100 Million in Client Assets
LPL Financial LLC, the nation’s largest independent broker-dealer, has added three financial advisors, Shawn Walton, Debbie Hawksworth and Richard Coloni, to its broker-dealer and...
LPL Financial Recruits $180 Million Advisor from Northwestern Mutual
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisor Lyle Weintraub has joined its broker-dealer and hybrid registered investment advisor platforms...
SEC Fines HSBC Securities $725,000 over Adviser Compensation Misstatements
HSBC Securities Inc., a registered investment adviser and broker-dealer, has agreed to pay the Securities and Exchange Commission $725,000 for allegedly making false and...
Captrust Acquires $5.5 Billion RIA
Captrust Financial Advisors, an independent registered investment advisor with more than $368 billion in client assets under advisement, has acquired Montgomery, Alabama-based Welch Hornsby...
FINRA Issues Notice on Pandemic-Related Business Continuity Planning
Due to the recent outbreak of coronavirus disease (COVID-19), the Financial Industry Regulatory Authority has issued a notice reminding firms to consider business continuity...
FINRA Fines/Suspends Broker Over Firearms Business
The Financial Industry Regulatory Authority has fined and suspended a former Morgan Stanley broker for failing to notify the broker-dealer about the full nature...
LPL Recruits $150 Million Team Serving NFL Clients and Professional Athletes
LPL Financial LLC, the nation’s largest independent broker-dealer, has recruited SilverRock Wealth Partners, a Charlotte, North Carolina-based team with approximately $150 million in brokerage...
Ameriprise Adds Two Teams with $272 Million in Client Assets
Ameriprise Financial (NYSE: AMP), a financial services firm with approximately 10,000 financial advisors, has added two teams with $272 million in combined assets under...
Fiduciary Trust Company Completes Acquisition of $6 Billion RIA
Fiduciary Trust Company International, a global wealth manager and subsidiary of Franklin Templeton, has completed its acquisition of Athena Capital Advisors LLC in a...
LPL Financial Recruits $610 Million Team from Raymond James
LPL Financial LLC, the nation’s largest independent broker-dealer, has added Global Advisor Group to its broker-dealer and hybrid registered investment advisor platforms.
Global Advisor Group...
