The wirehouse’s lawyers say the plaintiff hasn’t “adequately” shown that the interest rate she earned was “unreasonable.”
December 9, 2019
The platform is scheduled to launch in 2020 and could have an account minimum as low as $5,000.
Stifel Financial has poached four advisors collectively managing $326 million.
New York-based lawyer and ex-SEC veteran lists tasks broker-dealer firms should have already completed by now.
Tom Bradley will also oversee the integration of the advisor services businesses of the two firms pending their scheduled merger next year.
Verdence Capital Advisors has launched a private equity access vehicle called Independent Access Partners.
The waiver policies go into effect May 1.
Meanwhile, Senator Rand Paul introduced a bill to allow 401(k) withdrawals to pay student tuition and debt.
The combined entity will have $3.6 billion of wealth management assets at the close of the deal, scheduled for the second quarter of 2020.
Listed Funds Trust is liquidating the Innovation Alpha® Trade War fund, along with two others.