Roberts' BrokerCheck record reflects 20 customer complaints since October 2022. Two pertain to the matters resolved through arbitration in the past six weeks; two were denied; one was withdrawn; and ...

Sean Michael Kane allegedly impersonated clients to effect transactions in their Waddell & Reed accounts after the firm fired him. The Securities and Exchange Commission has barred a ...

This story originally ran on Financial Advisor IQ sister publication FundFire. Goldman Sachs is positioning itself to become a one-stop shop for ultra-wealthy clients by rolling out what it calls a ...

The Financial Industry Regulatory Authority has sanctioned another broker-dealer accused of violations related to investments in GPB Capital Holdings securities. Between November 2015 and April 2018, ...

Morgan Stanley has suffered a legal setback fighting a multimillion-dollar deferred-compensation lawsuit brought by hundreds of its former financial advisors, according to news reports.

The disclosure comes as Morgan Stanley faces at least three putative class-action lawsuits over its sweep rates plus a fourth ...

Osaic Services, known as SagePoint Financial from January 2009 to November 2023, allowed registered representatives without sufficient knowledge or experience with options trading to override trading ...

The Financial Industry Regulatory Authority has suspended and fined an LPL Financial advisor over an unapproved side business ...

Wells Fargo’s bank-based advisors are capturing new assets through the firm’s Premier offering for affluent customers, Chief Financial Officer Mike Santomassimo said last week.

Strive Enterprises, co-founded by one-time presidential hopeful Vivek Ramaswamy and touting "unapologetic capitalism," said ...

This story originally ran on Financial Advisor IQ sister publication Ignites. When brokers or financial advisors offer mutual funds and exchange-traded funds that are clones of one another, a recent ...

At the 2023 annual Financial Industry Regulatory Authority conference, Grewal noted the sweep on firms including Merrill Lynch, Morgan Stanley and UBS that up to that point had resulted in total fines ...