Industry

The former wirehouse team oversaw $1.15 billion and will staff a newly opened office for the regional BD.

As the Federal Reserve strives to help the economy, wealth managers’ revenue takes a hit.

Firms have only six weeks to find a replacement technology platform.

In a surprise announcement, Private Advisor Group tapped Moore as CEO nearly two years after he left Cetera for undisclosed medical reasons.

It’s another big get for a bank that has been busily luring away top talent from the wirehouses.

“Platforms like this you would typically see at the larger broker-dealers and maybe the wirehouses,” says Gary Gallagher, the firm’s head of investment and managed solutions.

It’s one of the largest recruiting moves of the year in the independent broker-dealer sector.

Five firms agreed to pay $3 million to settle an SEC investigation into unsuitable sales of complex exchange-traded products.

Democrat Joe Biden is expected to name his SEC chairman pick in the coming weeks.

OCIE's recent exam initiative uncovers widespread supervision shortfalls in large, geographically dispersed firms.