SEC Fines Firm for Not Inspecting Advisors
By Melanie WaddellJordan/Zalaznick Advisers failed to spot-check the books and records or conduct inspections of advisors it supervised.
September 17, 2024
Cases Mount Against Advisor Accused of Stealing Millions From His AuntSeveral clients have filed summonses indicating they initiated civil cases against Scott J. Mason.
September 17, 2024
Schwab Expects Revenue to Rebound After Slump Earlier This YearFewer customers are shifting money in search of higher yields, the firm reported Monday.
September 12, 2024
SEC Charges Pastor-Turned-Advisor With $2.4M FraudThe former advisor sold phony promissory notes to Christian clients, the SEC alleges.
September 11, 2024
Ex-Thrivent Exec Launches an RIA RoundtableCarolyn Armitage's member-based organization, RIA Circle, brings together advisors to share ideas and best practices.
September 09, 2024
SEC Hits 9 Firms in Marketing Rule CrackdownThe RIAs ran ads with untrue or unsubstantiated statements or broke rules around ratings and testimonials, the SEC says.
September 09, 2024
For These Dealmakers, RIA Consolidation Is a Race to ScaleIndustry leaders, at a recent summit, noted the influence of private equity in acquiring smaller firms.
September 06, 2024
RIA Hid Fee Hikes From Clients, SEC SaysThe firm charged $1.36 million in higher fees it failed to properly disclose, a lawsuit says.