Nicholas Schorsch, who has built up one of the largest independent broker/dealer networks over the past year and a half, has stepped down from his role as executive chairman of RCS Capital (RCAP). Mark Auerbach, RCAP’s lead independent...

Have a complicated wealth transfer question? Now top advisors across all of RCS Capital broker/dealers will have access to a help desk-like service staffed with experts on legal, taxation, accounting and insurance matters to help with complex...

Cambridge Investment Research joined several other independent broker/dealers in temporarily suspending Cole Capital products amid the growing fallout from Nicholas Schorsch’s American Realty Capital Properties’ disclosure of a $23...

The continued erosion in share price of Nicholas Schorsch’s RCS Capital Corp. prompted the company on Wednesday to distance itself from sister company American Realty Capital Properties and its reported $23 million accounting error...

American Realty Capital Properties is continuing to face heat following yesterday’s bombshell announcement that it had knowingly released inaccurate financial statements overstating its funds from operations and...

RCS Capital (RCAP), Nicholas Schorsch’s firm that has been building an independent broker/dealer network, struck a deal to acquire a majority interest in Docupace Technologies, which provides electronic processing and document management for...

Alternatives?

Nicholas Schorsch, executive chairman of RCS Capital (RCAP), made his initial foray into the independent broker/dealer space with his purchase of First Allied Securities and The Legend Group, with 1,500 advisors. But since then, Schorsch has been...

The Financial Services Institute elected Cetera Financial Group President Adam Antoniades to serve as vice chair on its board of directors, replacing outgoing Valerie Brown following her departure from Cetera...