Lisa McAlister, American Realty Capital Properties’ former chief accounting officer, filed a $50 million lawsuit in accusing former ARCP Chairman Nicholas Schorsch of ordering her to manipulate quarterly financial results. But in a statement rele...

Nicholas Schorsch The saga over American Realty Capital Service's $23 million accounting error keeps growing. According to the Wall Street Journal, Lisa McAlister, ARCP's former chief accounting officer, has filed a $50 million lawsuit in Ne...

Chicago-based technology provider Envestnet has named Lori Hardwick its new group president of advisor services, a newly created position. Hardwick has been with Envestnet for 15 years. She most recently served as executive vice president of...

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Nicholas Schorsch has stepped down from his role as executive chairman and director of American Realty Capital Properties, the non-traded REIT sponsor he co-founded. Schorsch remains a majority shareholder in the company. He will also no longer s...

Design Pics/Thinkstock If you're reading this, odds are you aren't the problem, but there are plenty of folks out there posing to be financial advisors and using a wide variety of defunct, outdated or nonexistent credentials to get their han...

Billionaire entrepreneur Mark Cuban (left) and former SEC commissioner Christopher Cox squared off at MarketCounsel's annual conference in Las Vegas on Tuesday. The only way to reform what ails the Securities and Exchange Commission is to “b...

Copyright Jared Wickerham, Getty Images When in need, call in the coaches… or not. Advisors who pay for coaching services are wasting their time and money, argues Russ Alan Prince, president of R.A. Prince & Associates on Forbes.com. Most ad...

Bill Gross' behavior during his appearance at the Morningstar conference concerned PIMCO executives. Much has been written about Bill Gross and his departure from the firm he founded 40 years ago. Now, Bloomberg does a deep dive into the dra...