Financial Advisor Blog - Page 2 - Financial Advisor Transitions

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Wells Fargo Under Investigation Over Business Communications

March 13th, 2023

In a regulatory filing, the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) announced that both entiti...

Starwood REIT's Net Asset Value Decreases

March 10th, 2023

Starwood Real Estate Income Trust Inc., a non-traded real estate investment trust (REIT), has increased as updated its estimated monthly net asset ...

Commonwealth Sees Its Strongest Recruiting Result In Its 43-year History

March 9th, 2023

Commonwealth Financial Network added $11.24 billion in total client assets in 2022. The registered investment advisor (RIA) onboarded 270 advisors ...

FINRA Suspends Former LPL Rep

March 8th, 2023

The Financial Industry Regulatory Authority (FINRA) has fined and suspended a former LPL Financial representative for falsifying signatures and mak...

Seventy2 Capital Wealth Management Sparks Growth With Internal Hires

March 7th, 2023

Seventy2 Capital Wealth Management, an affiliate of Wells Fargo Advisors Financial Network, is boosting its growth by recruiting Wells advisors.

LPL Boosts Recruiting Deals To Lure Competitors' Advisors

March 6th, 2023

In an effort to recruit advisors from competitor firms, LPL Financial has raised bonuses to 100 basis points on assets under management (AUM) for a...

Capital Group Launches Suite of Active-Passive ETF Models

March 3rd, 2023

Capital Group has partnered with providers of passive index funds through its suite of twelve new model portfolios.

SEC Approves FINRA "Restricted" Designation Rule

March 2nd, 2023

Investors and advisors now will have access to more information concerning non-compliance among firms. The Securities and Exchange Commission (SEC)...

Recruiting Assets Experience A Slight Decrease at LPL Financial

March 1st, 2023

LPL Financial posted a decline in hiring as recruiting assets slipped 8 percent to $82 billion in 2022.

Raymond James Rep Ordered To Pay $20 Million to Wells Fargo in Raiding Case

February 28th, 2023

A FINRA arbitration panel has ordered Raymond James and six financial advisors to pay Wells Fargo $20 million allegedly for orchestrating a coordin...

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Blog

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Wells Financial Network Has 18 Month Waitlist

March 27th, 2023

Wells Fargo Advisors' efforts to promote Wells Financial Network (FiNet), its independent channel, may have proved too successful as 300 brokers h...

Merri Merrill Lynch Shrinks Recruiting Loan Balance

March 24th, 2023

According to an annual report filed with the Securities and Exchange Commission (SEC), Merrill Lynch's advisor recruiting loan balance has decreas...

Publicly-Traded REITs Hit a Rough Patch In February

March 23rd, 2023

Publicly-traded REITs began the year on a high in January. However, some publicly-traded REITs reported declines in February.

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