Patrick Donachie

Charton Financial Group will join the nation's largest independent broker/dealer from FMS Financial Partners, an affiliate of Kestra Financial Partners.

Charles Schwab's 2019 RIA Benchmarking Study revealed new clients sustained their firms' business performance, even as AUM fell slightly in 2018, a result of market volatility.

Executive Vice President Aaron Schaben will handle business growth and development for the firm while Chief Operations Officer Teri Shepherd will supervise Carson's institution and retail-focused divisions.

Michelle Rudd will join the firm from Wells Fargo, where she managed $500 million in client assets.

Patrick Foy and Chris Willis will join LPL Financial from Raymond James Financial Services, citing the firm's platform and resources that can help streamline client services.

Not only was Henry J. Wieniewitz not registered, he made millions selling securities from Woodbridge Group and 1 Global, which the SEC claims are fraudulent.

Testing for cybersecurity also increased this year, with advertising and privacy also considered important compliance topics, according to the survey from the Investment Adviser Association and ACA Compliance Group.

Advisors at the Medford, N.Y.-based Suffolk Wealth Management will be joining LPL from CUNA Brokerage Services.