Lincoln Investment Capital Holdings , which has backing from private equity firm Lovell Minnick Partners, plans to acquire independent broker-dealer and RIA The Legend Group Holdings. So reports PEHub.
The Financial Services Institute, which represents financial service providers, has written to the Securities and Exchange Commission to oppose a proposed rule that would strengthen disaster planning requirements. So reports InsuranceNewsNet.
The Financial Planning Association has hired Josephine Colacci as its public policy counsel at a time when the organization is pushing to have the Securities and Exchange Commission adopt a fiduciary standard for financial advisors. So reports ThinkAdvisor.
The Financial Planning Association’s new chairman is Richard Salmen, a former Army captain who has more recently juggled working as an air traffic controller and a financial advisor. So reports Financial Planning.