Mason Braswell
InvestmentNews
New York, NY, United States
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Past articles by Mason:
Merrill Lynch winning advisers as recruiting tides shift
The wirehouse has become more aggressive and has attracted some big teams, though critics say such deals aren't a good measure. → Read More
Morgan Stanley hit with racial discrimination suit
As part of her claim, ex-broker alleges the wirehouse's recent move toward mandatory arbitration is an attempt to prohibit employees from publicly challenging unfair practices. → Read More
State securities regulators put out proposal to protect seniors
Proposal would clarify brokers' and advisers' responsibilities in cases of suspected elder abuse → Read More
At Edward Jones, it's still one person, one office
Company bucks industry trend toward forming broker teams. → Read More
SEC, Finra fine UBS $34 million over Puerto Rico funds
Fine related to two actions from the SEC and Finra over sales of closed-end bond funds and a former broker's fraud → Read More
Breaking away for the wrong reason
Regulators are concerned that brokers are jumping into the RIA channel to take advantage of a lax regulatory climate. → Read More
LPL faces reckoning from activist investor
With giant broker-dealer's stock down 25% from its high last year, experts say Marcato could push for major changes. → Read More
Struggling broker-dealer Fintegra files for bankruptcy
Most brokers transitioning to Securities America in wake of $1.5 million arbitration award. → Read More
UBS scoops up $1.3 billion Merrill private banking team
Group of three advisers produced $7.8 million in revenue. → Read More
LPL and $775 million adviser part ways amid investigation
The broker-dealer and its top adviser in Louisiana cut ties last month after the adviser received a Wells notice announcing an investigation by Finra. Adviser says the separation is unrelated. → Read More
Finra presses ahead with proposal to temper expungement
The regulator's Board of Governors authorized amendments to the code of arbitration and also approved a separate item to protect senior investors. → Read More
Finra cracks down on 'cockroach' brokers
Finra bars 10 at New York broker-dealer Global Arena Capital Corp. after investigating brokers who migrated from an expelled firm. → Read More
Cantor Wealth loses third exec this year
Just as the two-year-old wealth management venture of Cantor Fitzgerald & Co. has been looking to regroup after a slow recruiting year and the departure of two top executives, a third senior executive has left. → Read More
Merrill fires back at $870 million defectors
Firm wins a temporary restraining order against four advisers accused of sabotaging the wirehouse when they jumped to UBS. → Read More
Beacon Pointe Wealth scoops up $300 million East coast firm
The Newport Beach, Calif.-based firm picks up TPW Financial in Boston to bring its assets to $1.4 billion → Read More
Fired $2.5 billion Merrill adviser finds home at Wells Fargo
Marc D. Lowe, who was terminated over alleged “inappropriate workplace behavior,” joins Wells' employee channel. → Read More
Dawn J. Bennett charged by SEC with inflating assets and exaggerating returns
SEC said that Ms. Bennett and her firm inflated numbers from at least 2009 to February 2011 to try and lure in clients to their new firm. → Read More
Voya takes on bigger rivals with new RIA channel
New platform will let the firm offer affiliation options like those at larger broker-dealers such as LPL and Raymond James. → Read More
RIA M&A off to roaring start in 2015
Firms are making more and bigger deals as market growth boosts valuations and fuels activity. → Read More
Larry Roth steps down from RCAP board after four months
Four months after joining the board of directors for RCS Capital, the Cetera CEO is stepping down but the company insisted his resignation was not related to a disagreement. → Read More