Royal Harbor Partners, which is using Purshe Kaplan Sterling Investments as its broker/dealer, is led by partners Glenn Royal, Michele Jones and Natalie Picha.
Elias Herbert Hafen told clients to liquidate stocks and retirement accounts to invest in a fake investment fund, according to allegations; instead, the money went toward his expensive art collection.
The "hero" of "The Big Short" said index fund inflows are now distorting prices for stocks and bonds in much the same way that CDO purchases did for subprime mortgages more than a decade ago.
The regulator says Cambridge Capital Group Advisors defrauded 20 investors, most of whom were retired NFL players who claimed brain injuries from concussions suffered while playing professional football.
Erik Davidson, former chief investment officer at Wells Fargo’s private bank, is joining Inspire Investing, a 'biblically responsible' investment firm, as chief economic advisor.
'It's shocking to people to find out that the one thing that they think their advisor is trained on, they've never been taught—and that is, how to construct and measure risk in a portfolio,' the Plano, Texas-based RIA argues in his new book.
