The sanction addressed failures to maintain proper oversight of advisers, which included a Ponzi scheme, according to the regulator
Worden Capital Management displayed lax oversight of brokers' trades, according to Finra
Julie Ann Moskin and Retire Happy received fees for selling dubious securities, according to Massachusetts Secretary of the Commonwealth William Galvin
The conflicts of interest ranged from 12b-1 fees to cash sweep accounts to alternative investments
COVID-19 slowed down but did not halt the flow of advisers fleeing wirehouse firms for the independent channel
Don't risk letting your career go up in smoke
The shortcomings were related to supervision of some dually registered reps, according to the regulator
The deal comes on the heels of the firm's announced purchase of a retirement plan shop
But teams are staring at new hurdles tied to assets, financial plans and online brokerage
The deals reportedly range from 30% to 50% of an adviser's prior year's revenues
