News

Associated Financial Consultants & Investor Services has recruited former Investacorp CEO and CCO Patrick Farrell and Marcus Arneaud, respectively, as financial advisors, after their b/d was folded into Securities America.

In the midst of its integration with TD Ameritrade, Schwab is facing angry advisors fed up with poor service.

SCF Securities would add $4 billion in assets under administration and about 150 advisors to Atria Wealth Solutions’ platform.

With the rise of remote meetings, social media and online communities, do professionally managed industry associations like FPA and NAPFA have a future? The numbers are mixed.

MAI Capital was one of the most active RIA acquirers in 2020, leading a charge for mid-size firms.

Hightower has already made two acquisitions of firms sitting at independent broker/dealers, and CEO Bob Oros expects it to be an area of growth for the firm going forward.

The scrutiny stems from registered reps who obtained PPP loans through undisclosed outside business activities, but a letter to one such rep is not part of a targeted examination or ‘sweep,’ FINRA says.

FMG’s acquisition of Twenty Over Ten gave it a brand crusader.

The findings from an investigation by the law firm Dechert showed how the disgraced adviser’s knowledge of the tax system and skill managing the affairs of the ultra-rich helped Black save at least $1 billion, and potentially more than $2 billion.