Stay updated with breaking news from Client Funds. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
You might think of wealth managers as stock-pickers who build an investment portfolio and occasionally monitor its performance – which is why many may question whether it’s actually worth paying for.
A former Atlanta real estate lawyer pled guilty to stealing millions of dollars from his clients through a scheme to defraud, the U.S. Department of Justice announced Tuesday.
The public defender argued that the defense needed more time to "investigate the case, prepare for trial and negotiate with the government."
Therese Larussa covertly recorded the client’s card information, according to the stipulation. She worked on his divorce case.
However, bank guarantees issued to stock brokers and clearing members form a miniscule 2.5-3% of the total bank guarantees issued by banks.