Wall Street just can’t keep its hands off the independent adviser and broker-dealer marketplace. Up until recently, major global firms had happily ignored independent advisers for decades. Advisers working at RIAs or independent broker-dealers’ typical clients weren’t rich enough, and ...

A registered investment adviser with a history of making lowball offers to investors in struggling alternative investments is on the prowl again, this time targeting the Business Development Corp. of America, which was sold in 2016 by the partnership led ...