Big brokers take action on F-Squared funds and Virtus shares reel as SEC actions sink in
Lawyers are now threatening class action suits against the $28-billion ETF manager and firms like Raymond James, Stifel and Wells Fargo are making their wariness official
FAA
Why would any advisor/ platform/ wire house etc. keep there clients in F-Squared? There’s no upside just a lot of exposure and potential liability.
JohnSanbo
how did these two firms(Virtus Investments and F2) get away with this massive fraud scheme for so long? There must be justice including jail-time and disgorgement of ill gotten gains from both firms. Does the SEC even understand the size of this fraud?
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Under new owner, AssetMark names new CEO, but Michael Kim is keeping his CEO job, too -- as post-TAMP era draws near, and company gears up for 'aggressive growth'
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Morningstar's sale of TAMP's $12-billion book-of-business to AssetMark ends two-year run that fell short on growth; whether RIAs stick or flee will determine fate of deal
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After recruitment of minorities and women gets CEO-level attention at Raymond James, a program gets a dynamic leader
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Raymond James Financial Inc.
Asset Custodian
Top Executive: Bill Van Law
