Staff report

Advisors have until Dec. 3 to opine on proposed revisions to types of misconduct and resulting sanctions.

The regulator accused a broker-dealer of not having proper supervisory procedures to prevent $533,500 in excessive transactions.

For at least seven years, the company has sought to recoup more than $5.4 million in taxes using an exemption the agency argues does not apply.

Regulators allege the CPA provided an air of legitimacy to John J. Woods' scam that defrauded 400 clients in 20 states.

The state regulators group plans eventually to introduce a similar system for independent advisor representatives.

The collaboration will allow CapIntel's network of more than 12,000 financial advisors to leverage the Canadian firm's AI-powered tools.

The West Coast firm has new tools to manage both asset class drift and "what ifs" in client portfolios.

Raymond James had scored the big team in May, before Securian's sale of its retail wealth business to Cetera closed.

Mario Rivero pleaded guilty in February to swindling five clients out of more than $600,000.

The announcement came only a day after the largest independent brokerage firm added a big bank-based wealth program with $4.7 billion.

World Insurance's Pensionmark unveiled a giant deal following the insurer's private equity agreement for $1 billion in financing at a valuation of $3.4 billion.

The latest incoming recruit to the firm's Institution Services unit followed a half dozen other big moves by the firm in the bank and credit union channel in recent years.

The firm follows its major move to the Midwest by expanding its executive leadership team.

The marketing technology firm's new drag-and-drop tool includes AI-powered tools for headline writing, image generation and calls to action for clients.

The private equity-backed consolidator led by Peter Mallouk opened a new unit after acquiring a different Twin Cities-area firm earlier this summer.

The move comes as LPL boasts hefty profit gains in earnings and Kestra struggles with debt.