Hightower Advisors has filed suit against two advisors for allegedly soliciting their clients to join them at their new firms.
The work that you and your team have performed on my behalf is exemplary.
Hightower Advisors has filed suit against two advisors for allegedly soliciting their clients to join them at their new firms.
HighTower is taking hits in the form of high profile advisor and team defections. Original partners received special deals, but recent press reports state they have nothing to show for as a result.
A recent analysis by Golsan Scruggs reveals a staggering 231 percent increase in errors-and-omissions (E&O) liability claims among registered investment advisor (RIA)
insurers.
According to a recent analysis, Reg BI-related actions quickly have ascended to the top five issues for FINRA, with fines totaling $6 million in 2023.
The Financial Industry Regulatory Authority (FINRA) has imposed fines and censured independent broker-dealers Osaic Wealth and Securities America for cybersecurity deficiencies that led to hackers accessing the private information of more than 32,000 customers.