Edelman Financial Engines initiated legal action against Mariner Wealth Advisors, alleging that the Registered Investment Advisor (RIA) engaged in the wrongful recruitment of Edelman's financial advisors.
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Edelman Financial Engines initiated legal action against Mariner Wealth Advisors, alleging that the Registered Investment Advisor (RIA) engaged in the wrongful recruitment of Edelman's financial advisors.
Goldman Sachs Group Inc. experienced its second consecutive quarter of real estate writedowns and a continued dealmaking slump, reducing its profitability to approximately half of its targeted level.
The CFP Board has revealed that it will release the Disciplinary and Ethics Commission (DEC) orders imposing sanctions alongside the public sanction news releases that it already publicizes.
TD Private Client Wealth (TDPCW), a broker-dealer subsidiary of TD Bank, has agreed to pay a $600,000 fine and be censured following an investigation by the Financial Industry Regulatory Authority (FINRA).
Former First American Securities Inc. president Thomas Brenner has been sentenced to over ten years in prison by a federal judge in Ohio.
Registered Investment Advisors (RIAs) are experiencing a faster growth rate in numbers compared to national brokerage firms, as indicated by recent data from Cerulli Associates, but their asset levels still trail.
In late September, iCap Enterprises Inc., a real estate investor and manager, filed for bankruptcy after raising $245 million from investors through independent broker-dealers.
Lawyers anticipate a surge in shareholder lawsuits following a series of setbacks in the US IPO market.
In a recent message underscoring the significance of ethical conduct, the Financial Industry Regulatory Authority (FINRA) has imposed a one-month suspension on a former LPL Financial advisor.
The Securities and Exchange Commission (SEC) has launched two investigations that may affect the interests of advisors and clients of JPMorgan Chase & Co.
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Artificial Intelligence (AI) continues to dominate headlines, promising sweeping efficiencies in nearly every industry. Financial Planning reports that financial advisors remain divided on its role and value.
The Easterly ROCMuni High Income Municipal Bond Fund (tickers RMHIX, RMHVX, RMJAX) suffered a significant collapse in mid-2025, wiping out hundreds of millions in value and leaving many investors with steep losses.
FINRA has suspended a Centaurus Financial broker, William Burks, for four months after finding he placed as much as 91 percent of a client’s net worth into illiquid alternative investments.