Lawsuits filed against the Labor Department's regulation expose conflicts in financial advice.
Vermont's regulator found supervisory failures under an EB-5 program helping to develop the state's ski resort
Advisers aren't placing a value on financial planning services when their fees are based solely on AUM.
The merger also creates a succession plan for RAV Financial founder Bob Valente.
Simply playing the fiduciary card to win over investors may not work the way it did in the past.
Already expected to spur consolidation among broker-dealers, the DOL fiduciary rule could also hasten RIA mergers.
In about a year from now, 21 investment advisory firms representing about $518 million of assets will be required to switch to a state registration from the one they now hold with the SEC.
The group is led by Andrew Zimmerman, who's making a return to Merrill
Finra directs the brokerage firm to pay $142,168 due to allegations of unsuitable investments and overtrading.
Daniel Rivera allegedly ran a $2.7M phony real-estate venture targeting about 30 investors over six years.
