SEC Fines Wells Fargo $35 Million for Overcharging Investment Accounts
August 28, 2023
The Securities and Exchange Commission charged Wells Fargo Clearing Services LLC and Wells Fargo Advisors Financial Network LLC for overcharging...
Rafael Novales
Articles
Greenbacker Acquires Colorado Solar Power Projects
August 28, 2023
Greenbacker Renewable Energy Company LLC, a climate-focused investment manager and independent power producer, announced the purchase, through a wholly owned...
Financial Firm with $85 Million in Assets Joins Berthel Fisher Companies
August 28, 2023
Berthel Fisher Companies, a Cedar Rapids, Iowa-based, full-service independent financial services firm, announced the recruitment of MP Butterworth & Associates,...
Prudential Financial Agrees to Move $50 Billion in Client Assets to LPL Financial
August 25, 2023
Prudential Financial Inc. and LPL Financial Holdings Inc. announced a “strategic relationship agreement” that will transfer all the retail and...
Former Parkland Securities Advisor Accused of Murder Sentenced to Life in Prison for Financial Fraud
August 25, 2023
An Allen, Texas-based financial advisor was convicted of multiple federal violations related to a fraud scheme that included the murder...
Hines Securities Hires External Wholesaler for Southeastern States
August 25, 2023
Hines Securities Inc., the broker-dealer affiliate of Hines, the global real estate investment, development, and property manager, announced the addition...
Former Securities America Advisor with $110 Million in Assets Joins Cetera Financial
August 25, 2023
Cetera Financial Group, one of the nation’s largest networks of independently managed broker-dealers, announced that financial advisor David K. Sanford...
Brookfield REIT Reports Slight Decrease in Monthly NAV Per Share
August 25, 2023
Brookfield Real Estate Income Trust Inc., a publicly registered non-traded real estate investment trust formerly known as Oaktree Real Estate...
Non-Traded Alternative Investment Fundraising Reaches $37.4 Billon Year-to-Date
August 24, 2023
Alternative investment fundraising totaled $37.4 billion year-to-date through July, led by interval funds at $9.6 billion, non-traded business development companies...
SEC Overhauls Rules for $20 Trillion Private Fund Industry
August 24, 2023
NEW YORK (Reuters) - The U.S. securities regulator on Wednesday adopted new rules that will shine a light on private...
SEC Fines RIA $250,000 for Undisclosed Social Media Influencer Solicitations
August 24, 2023
The Securities and Exchange Commission announced that it charged Fundrise Advisors, a registered investment advisor, with using over 200 social...
Former KBS Realty Executive Pleads Guilty for Embezzling $2.7 Million
August 24, 2023
The United States Attorney’s Office announced this week that a former executive at KBS Realty Advisors, a sponsor of several...
Cottonwood Communities Reports 1.9% Decrease in Monthly NAV Per Share
August 24, 2023
Cottonwood Communities Inc., a publicly registered non-traded real estate investment trust focused on multifamily real estate investments, has reported its...
BREIT Reports Higher Monthly NAV Per Share for July, Total Monthly Return of 1.2%
August 23, 2023
Blackstone Real Estate Income Trust, a publicly registered non-traded REIT sponsored by private equity giant The Blackstone Group (NYSE: BX),...
American Healthcare REIT Selling Properties to Retire Variable Rate Debt; Reports Higher NOI
August 23, 2023
In its recent second quarter 2023 investor update letter, American Healthcare REIT Inc. reported that it is actively selling properties...
Urban Catalyst Offering to Fund Development of Silicon Valley Apartment Community
August 23, 2023
Urban Catalyst, a San Jose-based sponsor of qualified opportunity funds and other investment programs, announced the launch of UC Multifamily...
FINRA Appoints New Top Cop to Lead Enforcement
August 23, 2023
The Financial Industry Regulatory Authority announced that it has appointed Bill St. Louis as head of the regulatory body’s Enforcement...
Guest Contributor: Stress vs Distress: Capitalizing on the Investment Opportunity
August 23, 2023
Reading the headlines, you see market conditions are changing at a breakneck pace. So how do you know when it...
SEC Fines NY Firm More than $1 Million in First Marketing Rule Enforcement Action
August 22, 2023
The Securities and Exchange Commission announced charges against Titan Global Capital Management USA LLC, a New York-based FinTech investment adviser,...
Former Kestra Advisors with $1.5 Billion in Assets Join LPL Financial
August 22, 2023
LPL Financial LLC announced that Watermark Wealth Management has joined LPL Financial’s broker-dealer, registered investment advisor and custodial platforms.Watermark Wealth...
