RCS Capital (RCAP) CEO Michael Weil is putting his money where his mouth is. Weil purchased 20,550 shares—worth about $250,000—of the company's stock on Tuesday, according to a Securities and Exchange Commission filing. Shortly after, CFO Brian J...
Former hedge fund manager Steven Cohen boosted his firm’s stake in RCS Capital (RCAP) to 5 percent, according to a Securities and Exchange Commission filing. Cohen’s firm, which was recently renamed Point72 Asset Management and converted to a fam...
RCS Capital Corp. (RCAP) executives worked to assure shareholders of the company’s stability during its third quarter earnings call Thursday, saying that its financials are solid and that several broker/dealers have lifted suspensions of products...
American Realty Capital Properties (NASDAQ: ARCP) has filed a lawsuit against RCS Capital Corp. (NYSE: RCAP) over RCAP’s termination of the deal to acquire Cole Capital.
Last week, RCAP called off the deal to purchase non-traded REIT sponsor Col...
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 fallout from American Realty Capital Properties’ $23 million accounting error continues as LPL Financial became the latest firm to announce it was indefinitely suspending sales of investment products sponsored by American Realty Capital...
The Financial Services Institute is rolling out a new benefit to its members, term life and long-term disability insurance for about $250 a month for the average 50-year-old advisor.
In an effort to retain and grow its 37,000 advisor membership ...
The new Freedom Wealth Alliance has a team of five financial advisors that grew out of the former Rozman Wealth Management
