Citizens Financial CEO Hunts for Wealth Business Amid Deal Spree

Sep 22, 2021

Citizens is contacting wealth firms that look like a good fit and attempting to negotiate with their principals directly as a way of avoiding the bidding process.

AOC’s 'Tax the Rich' Dress Designer Described as 'Notorious Tax Deadbeat'

Sep 22, 2021

The CFDA fashion awards winner has a history of not paying up.

Advisor Innovations: Rick Ferri's Contrarian Views on Financial Advice

Sep 22, 2021

Rick Ferri talks about his start in the industry, how his thinking has evolved around Wall Street and whether a fee structure that charges clients for investment advice based on AUM can exist in a fiduciary framework.

Commonwealth Snags Former Dynasty CCO to Lead RIA Compliance

Sep 21, 2021

Commonwealth hopes Alexander Hansen, the former CCO of Dynasty, will brings its compliance consulting support for fee-only advisors to the next level.

NASAA: Nearly 60% of State Advisors Lack Procedures Protecting Senior Investors

Sep 21, 2021

State securities regulators look to examinations in assessing advisor capabilities at spotting, helping curb elder fraud.

Former Merrill Team, Backed by Dynasty, Launches Nilsine Partners

Sep 21, 2021

The sibling-led team used startup and transition financing support from Dynasty to launch Nilsine Partners in Greenwood Village, Colo.

Barred Advisor Sentenced to 35 Years for $25M Scheme

Sep 21, 2021

Daryl Bank was convicted for his role in a scheme that defrauded more than $25 million from over 300 victims, many of whom were elderly, according to the DOJ.

SEC Charges Two More Firms With Share Class Disclosure Violations

Sep 20, 2021

The settlements are the latest in a string of SEC enforcement actions for similar conduct, which one lawyer says is now 'low-hanging fruit' for the regulator.