The five-year class-action battle involved 1,056 former financial advisers.
Firm says it will look for talent among teachers, entrepreneurs and former athletes.
Disciplinary proceedings will determine whether a firm or an adviser exerted undue influence over "vulnerable individuals or individuals with diminished capacity."
Consolidator could add $6.4 billion in assets at a cost of about $70 million.
Lawson Financial settles with SEC over due diligence in nursing home financings.
Latest adviser satisfaction study finds most younger investors are dissatisfied.
Broker in Trinity, Fla., managed $106 million in assets.
Minneapolis-based RIA manages $515 million in assets.
Fixed income had best quarter ever, while equity inflows continued at blistering pace
Atlanta duo and former private equity firm partner manage $200 million.
