Industry
National Advisors Trust Now Signing Previously Reluctant RIA Relationships
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.
Securities America Advisors Keep An Eye On The Exits, But Ameriprise Will Probably Step Up
As it looks more and more likely that the courts will try to make an example of Securities America, many of the firm's 1,800 advisors remain confident that their corporate parent will come in with a save.
Virginia Broker-Dealer Taps $125 Million War Chest For Aggressive Expansion
There seems to be liquidity out there for at least some brokerage firms to grow their business models extremely quickly, so we might see the new breed of national RIA networks take a similar aggressive approach.
Local Media Now Speculating That Securities America Is Fighting For Its Life
In the wake of Securities America's failed attempt to settle roughly $400 million in client claims over a now-defunct private debt placement, newspapers in its native Nebraska have turned to fretting over the big broker-dealer's demise.
SWS Undaunted By FINRA Fine, Raises $100 Million In New Equity
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.
