Jenni Yoon Jeong Lee targeted members of the Korean-American community, including her own family, the SEC alleges. The Securities and Exchange Commission has charged a Washington state woman with ...

There is no conflict or breach of fiduciary duty unless the client can prove that the advisor or broker asserted undue influence on the customer, according to attorney Jenice Malecki, whose New ...

The team, which operated as the Timpe Wealth Management Group during its stint at Stifel, Nicolaus & Co., generates more than $1 million in annual production, according to a source familiar with the ...

It is unclear who is the third member of the DOGE team at the SEC. The commission and the White House gave the same statements to Reuters about DOGE and the new SEC chair as they have in the past, ...

The Biden-era regulation was designed in part to replace rules implemented during Trump's first administration that had made it easier for firms to designate workers as independent contractors. The ...

According to U.S. Bank, a client since 1992 confirmed they were contacted by Kirk and Beumer requesting that they move their business to RBC on April 17. Another client told U.S. Bank's investigators ...

Modern Wealth's latest addition is OFM Wealth, a Chicago-based registered investment advisory firm founded in 1981 that now has a team of six financial professionals serving a total of more than 175 ...

On Wednesday, UBS reported its advisor head count for the Americas region (which includes the United States, Canada and Latin America) was 5,884, a 1.4% decrease from the prior quarter and a 3.2% ...

Since the suit was filed as a derivative action, the shareholders' lawyers will be paid $33 million, but no monetary benefit will be paid to the shareholders, according to court documents.

To that end, the services a firm offers to independent advisors can be a recruiting boon, according to Pirker, who added that Raymond James' launch of internal talent sourcing is "quite timely," given ...

Financial advisors in New York may have reason to seek warmer climes: Florida's Palm Beach and Miami-Dade counties have gained billions of dollars in income in recent years as a result of New Yorkers ...

The Financial Industry Regulatory Authority and the Department of Justice have asked the U.S. Supreme Court to deny the request of Salt Lake City–based Alpine Securities for a hearing of its case, ...