Tagged with "Stifel"

FINRA Suspends Former Stifel Advisor for UIT Violations

Posted on November 25th, 2020 at 2:30 PM
FINRA Suspends Former Stifel Advisor for UIT Violations

Kurt J. Gunter, a former Stifel advisor, has agreed to pay a $10,000 fine and serve a three-month suspension from association with any FINRA member firm in any capacity.

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Regional Firms Are Becoming More Attractive as Wirehouses Lose Competitive Edge

Posted on April 1st, 2019 at 11:56 AM
Regional Firms Are Becoming More Attractive as Wirehouses Lose Competitive Edge

Recently, regional firms such as Raymond James, Stifel, Ameriprise, and Janney Montgomery Scott have become a favored destination for many successful wirehouse advisors who have transitioned away from the wirehouses.

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Regional Broker-Dealers are Making a Comeback

Posted on January 16th, 2019 at 3:19 PM
Regional Broker-Dealers are Making a Comeback

Once overlooked compared to the registered investment adviser and the independent broker-dealer market, regional brokerage firms quietly are making comeback due to recruiting gains at the expense of wirehouses.

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FINRA Panel Orders Ex-Broker to Pay $260K for Overstating Production

Posted on December 16th, 2016 at 1:00 PM
FINRA Panel Orders Ex-Broker to Pay $260K for Overstating Production

A FINRA arbitration panel has ordered an ex-broker from Sarasota, Florida named Donald Lee Watson, Jr. to pay Jeffrey Matthews Financial Group an amount of $260,000 for allegedly making false claims about his production levels when being recruited to join the firm. 

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LATEST NEWS AND ARTICLES

April 25, 2024
B. Riley Financial Clears Air Amid Allegations, Stock Surges

Amidst swirling speculation regarding its connections with a client linked to the Prophecy Asset Management collapse, B. Riley Financial Inc. has conducted an internal
review, concluding no affiliations with the defunct hedge fund.

April 24, 2024
RIA Insurance Claims Skyrocket

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.

April 23, 2024
Surge Predicted in Regulation Best Interest Cases

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.