Investors who want to redeem their shares in the Apple family of non-traded REITs marketed by David Lerner Associates Inc., which has become the target of a regulatory action, may be out of luck
Selling operation to Apex Clearing; currently serves 230 B-Ds
A lawsuit by an NFL player against his investment advisers that was settled months ago has come back to life
Last dance for Florida firm that hawked Provident Reg D offering; lawyer claims Finra was the bigger problem, however
The latest: First Allied purchased by Lovell Minnick Partners and brokerage's management team
Several current and former National Football League players recently have found themselves ensnared in alleged Ponzi schemes or legal battles over failed investments
For the past 10 years, executives at the largest independent broker-dealers have been predicting a tide of consolidation, with economics forcing smaller firms to shut down or sell out to bigger firms.
Recruiting will become more expensive in 2011 as the fight for top advisers heats up among independent broker-dealers looking to bounce back from a lackluster 2010.
Independent broker-dealers and their representatives are contending with the potentially thorny issue of re-pricing shares of nontraded REITs — illiquid, long-term investments in commercial real estate
Raymond James Financial Inc. could face a loss of $25 million to $50 million if it has to buy back distressed auction-rate securities from clients immediately
