See the latest on the Wealth Management Industry including M&A activity, diversity and inclusion and RIA updates.
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Hightower said it has acquired an undisclosed ownership stake in Frontier Investment Management, a $3.3 billion RIA based in Dallas, the firm's third and largest deal this year.
While many brokerage and advisory firms had followed compliance mandates for developing their forms, the Commission still found examples of forms that could be "more clear or otherwise improved."
The Commission said Mark L. Hopkins directed more than $1 million from brokerage accounts towards his own account at a credit union in a complaint filed Friday.