After launching investment services five years ago, the $1.2B Gesa has $44M in assets under management.
Growth for North Carolina’s State Employees’ Credit Union’s investment services subsidiary has come at a slow and steady pace. And that’s what the cooperative wants.
After hearing both sides, a Financial Industry Regulatory Authority panel recently denied all claims made by the estate that was seeking more than $2 million against an investment adviser that worked for a broker-dealer acquired by SECU Brokerage Services Inc.
After weighing the evidence, a Financial Industry Regulatory Authority arbitration panel recently denied all claims against SECU Brokerage Services Inc. in an estate dispute.
The Financial Industry Regulatory Authority may have a hard time deciding whether a defunct credit union-owned brokerage firm
In a case involving an alleged failed real estate transaction through a defunct credit union broker-dealer, LPL Financial Corp., the company that acquired the firm, said it was dismissed from the claim.
On Feb. 21, a Financial Industry Regulatory Authority panel will hear the matter between SECU Brokerage, LPL Financial Corp. an investment adviser and a trust that claims its deceased client suffered losses after an alleged failed real estate investment.
Mark Hoaglin was recently hired as vice president of investments and insurance at the $3.7 billion Patelco Credit Union.