Industry

The firms will collectively pay $200,000 to settle the charges, which focused primarily on their use of hypothetical performance.

Strategic Insights Financial Planning Group, a $500 million Texas team, is the second to join from Ameriprise this week.

Nine former advisors are suing United Capital over its attempts to move arbitration proceedings from FINRA to another venue, accusing the firm of “pure gamesmanship” and “forum shopping.”

The Investments & Wealth Institute has updated its CIMA certification curriculum and exam for the first time since 2019.

The Somnio Wealth team in Louisville, Ky., joins LPL after 14 years with Ameriprise.

The brokerage regulator settled two cases related to the SEC’s rule this week; one securities attorney believes FINRA has now established itself as the “primary regulator” of the rule.

And less time being defensive.

Rob Pettman is leaving the independent broker/dealer after 17 years to join a fintech firm.