Judge Denies Merrill's Request to Restrain OpenArc Breakaway Team
By Dinah Wisenberg BrinMerrill sought to bar 12 advisors from soliciting its clients and from encouraging its employees to leave.
September 30, 2025
Schwab: Merrill's 'Corporate Raid' Suit Lacks EvidenceSchwab accuses Merrill of "rank speculation" in the case against the breakaway team that formed OpenArc.
September 29, 2025
U.S. Sues Investment Advisor Over $350M Fraud, Hedge Fund CollapseThe case is tied to separate charges that sparked a scandal and engulfed B. Riley Financial and its chairman Bryant Riley.
September 26, 2025
OpenArc Mega-Team Fires Back at Merrill's Charge of Corporate RaidingA dozen advisors who left the $129 billion Merrill unit suggest the wirehouse had let their division slide.
September 26, 2025
FINRA to Send Revised Outside Business Activity Plan to SECIndustry officials are bracing to see if the proposal includes changes to supervisory requirements for outside RIA activity.
September 26, 2025
XYPN Rolls Out Holistiplan Access, Expanded Orion PartnershipThe new services will help 2,100 affiliated advisors run their practices more efficiently, CEO Alan Moore says.
September 25, 2025
Treasury's Crime Unit Delays AML Rule for AdvisorsFinCEN’s delay of the rule's effective date provides relief, but "substantive changes are still on the table," attorneys say.
September 25, 2025
$1.3B Northwestern Mutual Team Jumps to LPLThe team provides financial services to clients throughout New England and nationwide.