Industry

As the RIA space has become more professionalized, so has the organizational design of top firms.

The accusations against five of the firm’s reps arrives several months after FINRA barred the firm from the industry for numerous alleged violations, including against the SEC's Regulation Best Interest rule.

Former broker Megurditch Patatian allegedly recommended 81 purchases totaling more than $7.8 million of the high-risk product over the course of several years, according to regulators.

Patrick “Pat” Ricketts and Mindy Helfrich of Vintage Financial Group have more than four decades of total industry experience and have worked together for more than 10 years.

Paul Brahim will take over as president-elect from Claudia Cypher Kane, who is succeeding current President James Lee on Jan. 1.

Family offices are relying more on salary increases and incentive compensation to compete for talent, according to a new survey by Morgan Stanley’s Single Family Office Advisory group.

The TAMP also did not disclose conflicts related to custodial support payments; AssetMark will pay $18 million to settle the charges.

Beaman enters the next chapter of her career, which includes a place on Commonwealth’s advisory board and a new executive coaching and consulting business.