Advisor Group firms boost legal reserves
Advisor Group firms boost legal reserves Royal Alliance Associates Inc., SagePoint Financial Inc., and FSC Securities Corp., increased legal reserves by as much as three times the amount of the prior year. March 10, 2021 2 MINS Three broker-dealers under the umbrella of the Advisor Group network of firms have increased reserves for upcoming “legal and regulatory matters,” according to annual financial statements filed recently with the Securities and Exchange Commission. Of the five Advisor Group broker-dealers that have so far filed their 2020 financial statements...
Source: investmentnews.com