Industry

The settled charges against 21 investment advisory firms and six broker/dealers asserted that none had filed or posted their forms until receiving numerous reminders from regulators.

The deal allows Concurrent Advisors, a super office of supervisory jurisdiction with Raymond James Financial Services, to create a custom capital solution for its underlying advisors.

The New York-based firm expects to lock in more than $500 million in commitments in the near future.

At a SIFMA forum, FINRA Chief Legal Officer Bob Colby said the agency would consider new guidance and rules after this year's market volatility.

The funding round will enable the New York-based firm to expand into alternatives like private equity and hedge funds, as well as digital assets.

The advisor moves and acquisitions you may have missed the week of July 19-23, 2021.

Outside investors aren't always heavy-handed operators looking to squeeze the business for a quick, financially lucrative exit.

How we got here is important, but our path forward isn’t as obvious as most would suggest.

FINRA President Robert Cook reiterated the need for exams to remain remote into 2022, and said the rule may need to take a more risk-based approach going forward, he said, at SIFMA's Compliance & Legal Forum.

Within days of taking a minority stake in Verdence Capital Advisors, Emigrant announced its second deal this week, this time with Gerber|Taylor Capital Advisors.