Virginia

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  SEC, FINRA Enforcement Roundup: Shareholder Suit Against UBS Reinstated

  By Marlene Y. Satter, AdvisorOne  |  January 10, 2013

  In recent enforcement news, an appeals court reinstated a suit against UBS subsidiaries by two Puerto Rico-based pension funds over a $757 million bond purchase.

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  Securities America Adds 30 Eagle One Advisors in Second Small BD Deal in a Month

  By Joyce Hanson, AdvisorOne  |  January 9, 2013

  Eagle One intends to wind down operations, and most of its advisors have moved to Securities America.

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  Top 10 States With Most & Fewest Millionaires

  By Michael S. Fischer, AdvisorOne  |  January 7, 2013

  Rankings by Phoenix Global Wealth Monitor show some surprising findings on which states have the most millionaires.

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  House Passes Fiscal Cliff Bill, Averting Plunge—for Now

  By ALAN FRAM, Associated Press  |  January 2, 2013

  House passes Senate bill, 257-167, shortly before midnight, sending legislation to President Barack Obama to sign.

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  401(k) Fee Transparency: Best & Worst Providers

  By Jane Wollman Rusoff  |  December 20, 2012

  Dalbar and Research magazine conducted an in-depth study of the new ERISA 408(b)(2) disclosure rule, providing rankings in key categories of big providers.

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  New Hire Roundup: Beale, Kayajanian Join Security Benefit; DOL Picks New ERISA Council Members

  By Marlene Y. Satter, AdvisorOne  |  December 18, 2012

  This week in new hires, Security Benefit welcomed George Beale and Jeffrey Kayajanian, CapWealth named Phoebe Venable president and COO, and the DOL named five new ERISA Advisory Council members.

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  Securities America Adds Group With 130 Reps, $1 Billion in Assets

  By Janet Levaux, AdvisorOne  |  December 11, 2012

  Investors Security of Suffolk, Va., joins the Nebraska-based firm, which added an Alabama team last month.

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  Warning on VAs to Advisors: Be Afraid. Be Very Afraid.

  By Gil Weinreich, AdvisorOne  |  December 10, 2012

  Glenn Daily, insurance expert and variable annuity dissenter, says the complexity of these products’ guaranteed benefits is beyond most advisors’ ability to assess.

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  RIA Washington Wealth Adds Two Teams, Hits $1B in Recruited Assets

  By Janet Levaux, AdvisorOne  |  December 5, 2012

  The independent hybrid RIA is led by ex-wirehouse reps and uses LPL Financial as a broker-dealer.

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  CE, Variable Annuity and Securities Licenses and RIAs

  By Mike Patton  |  December 3, 2012

  How I fulfilled my continuing ed requirements, and what I learned about my state VA license.