Financial Independence in Bloomfield Hills, Mich., manages retirement plans.
Firm agrees to settle three sets of SEC violations concerning overcharges.
Choice Group Wealth Management, located in Melville, N.Y., will operate as a hybrid.
David R. Humphrey also settled parallel civil charges with the SEC and will pay more than $108,000 in penalties.
The new firm, Executive Wealth Group, will custody assets with Raymond James.
Financial Planning Re-entry Initiative will establish internships for returning professionals.
Retirement plans and charitable organizations were sold higher-cost share classes though they were eligible for lower-cost shares.
Will continue to sell Vanguard's ETFs; says culling aims to reduce 'less popular' funds.
Finra censures Royal Alliance, FSC, SagePoint, Woodbury, levies $550,000 in fines.
Says advisers working at a credit union misled investors on how they were paid
