FINRA Censures and Fines Parsonex Capital Markets Over Form CRS Omissions
November 13, 2023
Parsonex Capital Markets LLC has consented to a fine and censure from The Financial Industry Regulatory Authority after they omitted...
Rafael Novales
Articles
Choreo LLC Acquires Wealth Management Business of BDO USA
November 13, 2023
Choreo LLC, a company that provides investment advisory services, financial planning and other wealth management services to individuals and businesses,...
SEC Charges Unregistered Adviser with Running $5.9 Million Ponzi Scheme
November 10, 2023
The Securities and Exchange Commission charged Connecticut-based unregistered investment adviser John A. Masanotti, Jr. and his company, Middlesex Mortgage Group...
1031 Crowdfunding Launches Private Senior Housing REIT Offering
November 10, 2023
1031 Crowdfunding, an online marketplace for investors seeking 1031 exchange-qualified properties, announced the launch of Covenant Senior Housing REIT Inc.,...
Aphorio Carter Acquires Tennessee Data Center Property
November 10, 2023
Aphorio Carter Fund Management Company LLC, the infrastructure and data center division of Carter Funds, announced that it has acquired...
JVM Realty Corp. Acquires Chicago Apartment Community
November 10, 2023
JVM Realty Corp., a multifamily real estate investment and property management firm, announced that it has acquired Ellison Apartments, a...
Former Cambridge and Wells Fargo Advisers Join LPL Financial
November 10, 2023
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisors Brad Sicoff and Bruce Porter of SYV Wealth...
ExchangeRight Adds Industry Vet as Director of National Accounts
November 9, 2023
ExchangeRight, a sponsor of Delaware statutory trusts and real estate investment trust investments, announced that the company has hired Kara...
Industry Trade Groups Push for Extension to DOL Fiduciary Rule Comment Period
November 9, 2023
The Alternative & Direct Investment Securities Association and the Institute for Portfolio Alternatives joined sixteen other financial services trade groups...
Cambridge Hires Two Senior Vice Presidents
November 9, 2023
Cambridge Investment Research, an independent financial solutions firm serving over 3,800 financial professionals across the country, announced that Greg Turner...
Red Oak Capital Holdings Provides $4.25 Million Bridge Loan
November 9, 2023
Red Oak Capital Holdings LLC, a national commercial real estate finance company and Regulation A+ sponsor, has provided a $4.25-million...
U.S. Supreme Court to Hear Case Challenging Administrative Law Judges Later This Month
November 8, 2023
The U.S. Supreme Court is set to hear oral arguments later this month in Jarkesy v. Securities and Exchange Commission,...
American Healthcare REIT Enters Option Agreement to Expand Ownership of its Largest Senior Care Operator
November 8, 2023
American Healthcare REIT Inc., a non-traded real estate investment trust formed by the 2021 merger of Griffin-American Healthcare REIT III,...
Robert W. Baird & Co. Agrees to Pay $519,000 in Restitution for Excess Charges and Fees
November 8, 2023
The Financial Industry Regulatory Authority censured and ordered restitution from Robert W. Baird & Co. Inc. after 2,300 customer accounts...
LPL Recruits Former United Planners Team with $225 Million in Assets
November 8, 2023
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that GER Loftin Wealth Advisors has joined LPL Financial’s broker-dealer, registered...
Opportunity Zone Funds Continue Tepid Equity Raise in Q3
November 7, 2023
Novogradac & Company, an accounting and consulting firm that specializing in federal tax credits, announced that qualified opportunity funds tracked...
FINRA Fines and Suspends Two Advisers for Failure to Report Felony Charges
November 7, 2023
The Financial Industry Regulatory Authority fined and suspended two advisers, Joseph S. Hanson and Brian K. Shey, for failing to...
Cantor Fitzgerald and Harbor Group Acquire Multifamily Community
November 7, 2023
A joint venture between Cantor Fitzgerald L.P., a financial services and real estate investment company, and Harbor Group International LLC,...
Adviser Investments Rebrands as RWA Wealth Partners
November 7, 2023
Adviser Investments, an independent wealth management firm, announced its rebranding as RWA Wealth Partners. The rebrand follows the successful merger...
Sponsored: The True Life Companies Elite Fund III LLC Sells Silicon Valley and San Diego Parcels with Plans to Bring New For-Sale Housing
November 7, 2023
The True Life Companies Elite Fund III LLC, a company focused on supplying entry-level housing options to homebuilding firms in...
