The SEC argued that Westport Capital Markets and its owner, Christopher E. McClure, had 'generated significant undisclosed compensation' to the detriment of their clients.

HUB International will expand its retirement and private wealth division with the purchase of TCG.

Wirehouse advisors reported lower levels of support and greater levels of business disruption over the last year compared to non-wirehouse and independent advisors, according to a J.D. Power survey.

As part of the revamp, the department has been renamed 'field supervision,' and the firm has promoted Steve Palmer, a first vice president of sales supervision, to lead it.

The deal represents Captrust's fifth acquisition so far this year, adding 17 professionals and $2.1 billion in assets.

The SEC charged John Robert Jones Jr. for selling unregistered funds that eventually lost $2.6 million of clients' investments.

Advisors Chad Goodchild and Jacob Schlicht launched a New York–based firm called Kickstand Wealth Advisors.