Since last April, Securities America has shed close to 100 financial advisors, and has been bought out by Ladenburg Thalmann Financial Services for $150 million. So, will the remaining advisors remain loyal or jump ship? Well, it appears that Securities America is making an effort to keep its advisor force on board, especially those with [...]
Facing FINRA – The Tradeoff
April 1, 2011 By Leave a Comment
There has been a “rumble” since January when the SEC announced that FINRA would soon be regulating RIA’s and fiduciary standards would apply to broker-dealers. Most of the RIA’s seem pleased about a uniform standard of conduct, but cautionary about the prospect of oversight by FINRA. Currently under regulation by the SEC, if their assets [...]
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