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Nicholas Mitsakos allegedly used the funds to pay his credit card bills and make payments on his Mercedes, authorities charge.
By Ann MarshAugust 16 -
After taking away CFPs' right to sue the board, it makes two concessions to critics. Still, the process points to governance problems at the board, Michael Kitces says.
By Ann MarshAugust 15 -
Former Philadelphia Eagles player Merrill Robertson Jr. funded "luxurious" lifestyle with life savings of football coaches, complaint says.
By Ann MarshAugust 11 -
Retired air traffic controller and former FPA president Richard Salmen was named to a one-year term in 2018, succeeding Blaine Aiken.
By Ann MarshAugust 3 -
Nascent partnership at largest female-run IBD ends as Erica McGinnis leaves top spot. Expect more heads to roll, one expert says.
By Ann MarshAugust 2 -
The leading IBD cut a top consulting division that catered to its largest firms and set up potential conflict between groups of advisers: those in and out of OSJs.
By Ann MarshJuly 29 -
RIAs snag annual FP Pro Bono Awards for innovative programs.
By Ann MarshJuly 29 -
Wells Fargo's independent arm landed seven recruits in its latest efforts to add more than the 102 advisers recruited from competitors last year.
By Ann MarshJuly 27 -
The alleged wrongdoers transferred client money to their wives’ accounts, the commission says.
By Ann MarshJuly 22 -
Two firms were fined over $100,000 for not disclosing nearly $5M in loans to clients.
By Ann MarshJuly 19