A FINRA arbitrator found that a broker at RBC Capital Markets offered misleading information about the investments made on behalf of an 80-year-old retired secretary and ordered the firm to pay $50,000, plus interest.
The majority of clients are OK with the idea of connecting with their financial advisor on social media.
One analyst asked if the bank's Wealth and Investment Management unit, which continues to lose advisors, was up for sale.
Woodbridge's former owner and directors of investments were arrested, accused of orchestrating a far-reaching Ponzi scheme that defrauded thousands of investors, most of whom were elderly.
Just how much do you know about how family offices function and the rules under which they are governed?
She claims her son’s advisor put her into investments that were not risky enough for the fees she was paying. In most cases of elder financial abuse, it's the other way around.
Prudential is adding a handful of employee-focused 'financial wellness' solutions to its employer platforms.
How much due diligence is necessary to protect clients from fraud?
California-based Professional Financial Services sought a larger broker/dealer to support the team’s growth.