Headcount is up, but unit's earnings are down as a result of strong increase in litigation expenses.
Lightyear Capital-backed Wealth Enhancement agrees to buy HHG & Co., a Connecticut RIA that manages more than $1 billion.
Global Wealth Partners, with $400M in assets, joins DFPG Investments Inc., a boutique firm that specializes in real estate
Firm falsely claimed brokers in banking unit were paid based on client performance, regulator charged.
Lightyear mentioned as likely acquirer. Call set for 8 a.m. Tuesday for parent company to discuss plan to sell off non-core businesses.
Investor was sold aggressive investment strategies despite stating low tolerance for risk.
Company accused of making “misleading and deceiving” statements to investors
Finra arbitration panel ruled in favor of three investors who claimed their accounts were over-concentrated in the bonds.
Mr. Weiss and his firm will pay $8.4 million in relief to investors he duped in tobacco-related scheme
Has led the bank's wealth management unit since 2005.
