Beyond entering and leaving the industry, changing firms is probably the most challenging, and potentially most rewarding, career move an advisor will ever make. But anxiety abounds: What about registrations? licenses? A new logo? New office...
The Financial Industry Regulatory Authority ordered 12 firms to pay $6.7 million in restitution and fines on Tuesday, claiming the brokerages overcharged investors purchasing unit investment trusts by failing to apply discounts...
Gough Financial joins the network.
Gough Financial Group, a Wichita, Kan.-based advisory firm with $300 million of assets under management, announced Thursday that it joined Transcendent Advisor Networks, an office of supervisory jurisdiction ...
RCS Capital, the broker/dealer network assembled by real estate investor Nicholas Schorsh over the past several years, reported a $66 million loss in profits in the second quarter and a net loss of over 300 financial advisors...
RCS Capital is getting out of the wholesale business amid leadership changes. The parent of Cetera Financial Group announced Thursday it would sell its wholesale distribution unit, and some related activities, to Apollo Global Management...
Shareholders are about $50 billion worse off for having put money into non-traded real estate investment trusts rather than exchange-traded versions, a legal consultant for investors said on Tuesday...
Despite reports that independent broker/dealers are hitting the wall with recruiting, Voya Financial Advisors has experienced a record-breaking first quarter. But the firm is not resting on its laurels, instead, it’s looking to launch a...
