FINRA claims the firm was late an average two years in disclosing 89 internal reviews or allegations of misconduct over a six-year period.

The unit, aimed squarely at fee-based advisors, has hired former WisdomTree exec Geoff Hunter as vice president, relationship director and investment specialist.

Last year, 17% of state actions against firms involved RIAs, more than any other registered category of firms, according to NASAA.

Robert Paolini of Paolini Advisors will align with Independent Advisor Alliance, and joins LPL Financial from FSC Securities.

The move brings the company one step closer to introducing semi-transparent active ETFs.

The man continued to sell annuity contracts, even though he was no longer licensed to sell insurance or securities, according to allegations by the Massachusetts Secretary of the Commonwealth.

The announcement is the newest move by Atria, a wealth management holding company founded by Doug Ketterer, a former Morgan Stanley executive.

Simplified digital account conversion and larger number of available mutual funds and ETFs top the list.

A federal judge ordered Massachusetts investment advisor Michael J. Breton to repay investors for cherry picking profitable trades for himself and sticking clients with the losers.