The SEC claims the RIA violated its fiduciary duty when it did not inform clients about the conflicts related to revenue-sharing agreements and must return funds to affected investors.
A new asset-management company backed by Peter Thiel claims to be pushing back against an “ideological cartel.” That’s a leap.
The call for greater independence became the motivation for Steve Dimitriou to leave FiNet in 2020 and launch his own RIA firm, Mayflower Advisors, which today manages over $1.7B.
The founder and CEO of Sanctuary Wealth explains how RIAs can strategically approach mergers, acquisition, recruiting and sustainable organic growth.
The deal brings Advisor Group considerable scale in the financial institution market and a more dedicated channel for those advisors.
Focus Firm XML Financial Group lures Samson Wealth from Wells Fargo's FiNet.
