Advisor Business

Ameriprise Close To A Deal With Securities America Clients?

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By the time you read this, there's a good chance Ameriprise lawyers have settled with aggrieved ex-clients of Securities America. But the drama won't stop there.

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United Capital Swallows $170 AUM Planning Firm Vantage Point To Beef Up Its Philadelphia Presence

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Acquisition-hungry Newport Beach wealth manager United Capital is at it again, this time buying a Philadelphia financial planning shop and its $170 million in AUM.

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National Advisors Trust Now Signing Previously Reluctant RIA Relationships

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Advisor-owned trust company National Advisors Trust has continued to ramp up its service platform over the years and is now capturing relationships that once would've ignored it.

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SWS Undaunted By FINRA Fine, Raises $100 Million In New Equity

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It looks like Dallas broker-dealer SWS was less distressed than would-be merger partner Sterne Agee hoped...even though the distress was admittedly fairly substantial.

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Michael Oxley Registers To Lobby For FINRA To Regulate RIAs

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Having given his name to Sarbanes-Oxley, Michael Oxley, now a lawyer in private practice, has filed as a lobbyist on behalf of FINRA in order to plead that regulator's case in Congress for taking over RIA supervision. 

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