This company is despicable. Parades around on a white horse as the protector when in fact they are the destroyer. They have one goal -...

Read today’s SEC action against Schwab. They were fined $187M for egregious behavior. They lied to their clients. Maybe they should be...

Aka David - just threw a rock at Goliath. He filed a lawsuit against Schwab and others . He used a phrase - “Silencing and Retaliation...

Schwab continues to insist they want small RIA's. They continue to insist they do not discriminate against small RIA's. Yet, they will...

This is a doozy. Starts back in 1974 when Judith Zabalaoui founded Resource Management in Metairie, La. Apparently she left the firm in...

Dear Tom Bradley and John Tovar, HCR Wealth Advisors, per the latest ADV filed on 10-31-2021 had $1.2B AUM. They custody with you....

This one is a doozy. A rep for the firm, which has around $1.2B AUM,”defrauded and misappropriated funds from clients from 2012-2016.“....

Schwab announced yesterday they will require all RIA’s to obtain Errors and Omission Insurance which must contain cyber and social...

Disciplined Capital Management, LLC (DCM) were themselves disciplined by the SEC. DCM failed to file and deliver to clients Form CRS....

On September 3, 2021 the SEC published an Administrative Proceeding against Frontier Wealth Management, LLC and Shawn Sokolosky. There...

The SEC and FINRA are supposed to be watching the broker dealers, the Registered Investment Advisors. Who is watching the SEC and FINRA?

The SEC busted some more RIA’s: Berthel Fisher & Company Financial Services Inc. and Regal Investment Advisors, LLC. Their ADV’a listed...

Schwab is getting sued again this time a class action coming right after an SEC investigation. All about their latest pick pocket...

Periodically the SEC publishes actions they take against RIA’s. The SEC publishes months even years after they initiate investigations....

When I got inside the compliance castle at Charles Schwab I learned of several Billion Dollar RIA's that committed compliance violations,...

There are lots of RIA consultants in the marketplace, but none know what I know. None even address the issue of termination. What does...

Broker Dealers seem quite casual, if not indifferent, to informing RIA clients that they have terminated the contract with their advisor....

Today I learned how Interactive Brokers terminates RIA's. But first I must tell you that after 8 hours, and countless conversations with...