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The Canadian firm announced it had submitted an application to be listed on the NYSE.

If Joe Biden is the winner of Tuesday's election, a Republican Senate could make it more difficult to overturn Trump-era regulations and enact the Biden agenda that would most impact financial advisors.

The deal with Stavis & Cohen Financial, which has about $570 million in assets, will bring CI Financial's total U.S. assets to about $13 billion, and its North American assets will total $59 billion.

Terrence Chalk used the alias 'Dr. Terrence Cash' to keep clients from learning about his criminal record and convinced retirees to invest their savings, which he used for his own expenses, according to the SEC.

Financial advisors don't see major disruptions to their clients or their practices despite the uncertainty of the election outcome.

The SEC Enforcement Division's annual report also detailed how the regulator had dealt with the enforcement ramifications of the COVID-19 crisis.

After losing firms during its acquisition of Ladenburg Thalmann, Advisor Group has recouped some assets in the recruitment of Pacific Capital Resource Group in Bellevue, Wash.

Lou Pelliccioni, who spent 17 years with Wells Fargo Advisors, is joining LPL Financial with his son Brice and daughter-in-law Amanda.