LPL’s former top producer now affiliated with Cetera goes on the offensive to lure former colleagues.
California independent shop Zuk Financial, which under its former National Planning parentage oversaw $1.6 billion of client assets, hangs its hat with LPL.
New rep agreements give the independent broker-dealer to recoup commission payments if laws or internal policies were violated.
Finra panel tosses complaint that advisor’s management of Nashville ophthalmologists’ pension plan and personal investments—too much cash, too much gold—cost them millions but declines to expunge the complaint.
Largest independent broker-dealer expects purchase of smaller firm to add $75-$100 million of earnings by end of 2018.
Four Atlanta-area brokers induced federal employees to roll over retirement plan holdings into higher-fee variable annuities using false statements and incomplete disclosures, the SEC said.
Boston-area broker who paid $1.9 million in fines and disgorgement in April to Massachusetts accepts bar from working in U.S. securities industry.
At least three advisers agreed to enforcement actions this week over violations allegedly committed while they worked at the independent broker-dealer.
LPL clarifies its “education-only” policy on rollovers, Merrill engages in second round of culling mutual funds from retirement platform.