The broker-dealer giant aims to help advisors engage both their clients and prospects further with its latest enhancements.
“These penalties are certainly significant enough to draw the big firms’ attention," one executive said.
SEC charges describe multiple failures in customer identification programs and shortfalls related to high-risk accounts linked to cannabis and foreign entities.
Is the bank's next step building out its RIA custody business, one industry observer asks.
The broker-dealer giant is bolstering its ranks in New Jersey and California with latest advisor additions.
12 firms agreed to pay the fines to settle charges.
It marks the California based advisory network's 11th deal in 15 months.
Newbridge Securities failed to supervise advisors using margin in clients’ accounts, according to Finra.
With plans to retire, the outgoing president of the Texas-based IBD giant will be replaced by the giant RIA's current head of wealth management this spring.
The broker-dealer giant's new hires last year added more than $4.3 billion in collective client assets to its private client group.
Company says the latest disclosure is not linked to off-channel communication issues.
“2024 was a good year for industry, and this year feels like we’re being shot out of a cannon,” one senior brokerage executive said.
Twenty investment specialists are transitioning over to the insurance giant as it looks to strengthen its capabilities in higher-yield strategies.
With roots going back more than 130 years, the privately held hybrid RIA based in Missouri is looking forward to continued independence.
The broker-dealer giants are extending their respective networks in California and Alabama as they each welcome an experienced planning-focused advisor into the fold.
The financial services giant is expanding its investment banking business by snapping up a specialist firm catering to the middle market.
The firm allegedly missed warning signs linked to stock transfers, one attorney claims.
2024 saw substantial turnover at the top of the financial advice industry; at least half-a-dozen CEOs were replaced or announced they were leaving
Stifel this fall lost a stunning $14.2 million arbitration claim linked to Chuck Roberts.
The companies admitted the SEC's findings and made remedial efforts to fix their "blue sheet" transaction reporting, the regulator said.
