Stratos Wealth Holdings Hires Former LPL Exec as Chief Operating Officer
August 29, 2023
Stratos Wealth Holdings, comprised of a number of registered investment advisory firms with nearly $52.9 billion in client assets under...
Rafael Novales
Articles
SEC Charges Unregistered Broker for Unlawful Sale of Securities to Retail Investors
August 29, 2023
The Securities and Exchange Commission announced charges against Blake Cathey for the unlawful sale of securities of Florida-based Accanito Equity...
Invesco REIT Reports Lower Monthly NAV Per Share
August 29, 2023
Invesco Real Estate Income Trust Inc., a publicly registered non-traded real estate investment trust, declared a portfolio update and monthly...
Ex-Merrill Lynch Advisors with $325 Million in Assets Launch Practice via LPL Financial
August 29, 2023
LPL Financial LLC, the nation’s largest independent broker-dealer, announced that financial advisors Megan M. Stirrat and Tenley Y. Hardt have...
BREIT Sells 22% of Bellagio Las Vegas Equity Interests
August 28, 2023
Blackstone Real Estate Income Trust Inc. and Realty Income Corporation (NYSE: O) jointly announced that Realty Income has signed a...
Capital Square Fully Subscribes $56 Million Alabama DST Offering
August 28, 2023
Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer of multifamily communities,...
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...
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),...
