Biotech billionaire Dr. Phillip Frost claims the merger disregards obligations owed to him as a shareholder of certain notes.

The Canadian company will take a majority stake in California-based One Capital, an RIA with $1.6 billion in client assets, its second acquisition of a U.S. RIA in as many months.

In addition to failing to disclose financial incentives to sell insurance products, investment advisor and radio host Keith Springer also paid internet consultants to suppress online mentions of previous SEC complaints, according to the complaint.

Defections from Royal Alliance/Advisor Group bring a coterie of CFP/CPAs to LPL.

The grants will be based on advisors’ 2020 performance and will be awarded in the first quarter of 2021.

Regulators stressed they'd be looking for 'good faith' efforts from firms in achieving compliance as the implementation date for the SEC rule arrives in June 2020.

After waiting out the aftereffects of Hurricane Maria, GenTrust’s Puerto Rico office is up and running.

The CFP Board said it would increase the frequency of how often it checks advisors for regulatory infractions, following revelations it failed to note the marks on public facing sites touting the credentials of thousands.