Complaint alleges Total Wealth Management put 75% of client assets into funds that paid the firm an undisclosed kickback.
Tony Robbins wants to be a champion for RIAs, bringing the inspirational advice he's given to entrepreneurs and CEOs to advisers working to build their businesses. </br><b><i>(Also: <a href="http://www.investmentnews.com/gallery/20141116/FREE/111409999/PH/tony-robbins-7-steps-to-financial-freedom" target="_blank">Tony Robbins' 7 steps to financial freedom</a>)</b></i>
Lynnda Speer, widow of a Home Shopping Network co-founder, alleges excessive trading and negligent supervision by Morgan Stanley in an arbitration claim.
Ronald Slevin and team produced approximately $2.5 million in annual revenue.
Resource Horizons Group may not be able to meet net capital requirements; Kovack Securities opens its doors to advisers.
Jo Ellen Fisher, an independent contractor with Raymond James Financial Services, allegedly stole $925,000 from a 95-year-old client to fund personal expenses, Finra says.
Froude, who oversees about 9,700 advisers, has been in the role since 2008. He will turn his focus to "field initiative and projects" at the company.
Wirehouse lost advisers managing $18.6 billion in 2014; veteran brokers blame Bank of America's 'fire first and ask questions later' mentality and expiration of retention deals. <i>(See also: <a href="http://www.investmentnews.com/section/video?playerType=INTV&bctid=3966545534001&date=20141231" target="_blank">How wirehouses will strike back against breakaways</a>)</i>
Jacob Cooper's RIA used investor money to settle a prior SEC complaint and fight a class action claim from investors, the regulator alleges. <b><i>(Don't miss: <a href="http://www.investmentnews.com/gallery/20141231/FREE/123109999/PH" target="_blank">Most outlandish regulatory blunders of 2014</a>)</i></b>
