Patrick Donachie

FINRA fines First Trust $10 million for providing excessive non-cash compensation. In some cases, the gifts were allegedly tied to sales targets

New PIABA president Michael Bixby vows to fight for investor protections against Wall Street and crypto interests. FSI also expands advocacy team

Primerica Financial Services accused Osaic Wealth of orchestrating a scheme to raid its West Virginia office.

Wealth management rivals Edelman and Mariner exchange legal blows over client lists and expert testimony in their ongoing lawsuit about advisor recruitment

First Tech Federal Credit Union alleges former advisors stole $520M client list when joining LPL and Osaic.

State regulators warn fraudsters leverage AI tools to impersonate clients and target investors at scale. Digital assets remain the top threat to investors

Jon Upham will head the retirement division after Creative Planning's $250B SageView acquisition closes in December.

State securities regulators warn Congress that a proposed crypto market structure bill could hamper fraud protection.

Vestwell is the administrator for the newly launched New York State Secure Choice Savings Program, created for businesses with 10 or more employees.

Beacon Pointe, BIP Wealth, and Raymond James each acquire advisory teams managing over $850 million in client assets across multiple states