Bradley R. Thompson, a 22-year broker now with Kovack Securities, was successful in expunging from his record a 2016 violation from LPL Financial over an “infraction of firm policy concerning loans.”
Francis Ciocari, who had logged eight years at Morgan Stanley and 15 at Merrill Lynch prior to that, managed $300 million in client assets, according to an announcement.
A boat moving through waters near the Bahamas? A Harley-Davidson at the Sturgis motorcycle rally in western South Dakota? Or just beside your pool? In the remote era, the next frontier is still a question mark.
Broker who generated around $5.5 million in annual revenue ramped up exit plans after Oppenheimer managers caught wind of his impending departure, according to a source familiar with the move.
Dan Arnold, who leads the nation’s largest independent broker-dealer, criticized wirehouses for treating advisors as cost centers and raised concerns about channel conflict for major custodians.
Wirehouse veterans broke away last week to launch their own practice, Washington Crossing Financial Group, named for the town where they are based.