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Investment News Staff

Articles from the team here at InvestmentNews.com

Displaying 133 results

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Former ING adviser, tripped up by surprise audit, could get 8 years for fraud

Federal prosecutors are seeking an eight-year sentence for a Kirkland, Wash., financial adviser who stole more than $12 million from 42 clients.

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Adviser at center of Okla. hoops probe leaves Merrill, joins Raymond James

Jeffrey Hausinger switches firms following allegations that he gave money to Oklahoma Sooners' basketball star Keith “Tiny” Gallon

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SIPC warns of web scam targeting Madoff victims

Look-alike site claims to have recovered $1.3B stash from a 'Madoff' hideout in Malaysia. It's also offering burned investors a chance to apply for some of that cash.

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Adviser who led double life gets 17 years for $20M fraud

A federal judge has sentenced a Massachusetts adviser to more than 17 years in prison for committing a fraud that netted him more than $20 million from the descendants of a 19th-century industrialist and using the money on personal extravagances, including three private jets.

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Dodd’s revised bill a mixed bag for financial advisers

In: Investor Advocate office, ramped up protection for senior investors; Out: fiduciary standard for brokers who give advice

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Brokers on the run at independent B-Ds

A third of all moves in February came at indies.

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Surprise audit trips up star adviser in Seattle

An unexpected visit by an ING Financial auditor uncovered a potential scam at Breard & Associates Wealth Management. Now, infomercial star Rhonda Breard is facing fraud charges.

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Beyond blogging: Why one adviser started vlogging

Like a lot of other RIA advisors, Stephen Stricklin has a website. But he is just now exploring…

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Are you a 4? AIG said to be rolling out rating system for incentive comp

American International Group Inc. is launching a plan to revamp how it arrives at incentive pay for its workers, according to the NY Times.

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Lifestages case study: Keeping up with the Joneses

The Jones family is in need of financial advice in a major way. InvestmentNews wants to know how you would advise this made-up 30-somethings couple, the first case study of a four-part series on lifestage investing.