SagePoint: Advisor Group BDs Settle FINRA Charges Over Sales of GPB Offering

Advisor Group-affiliated broker-dealers Woodbury Financial, SagePoint Financial, Royal Alliance Associates and FSC Securities agreed to pay a total of $1.27 million in fines and restitution to approximately 200 retail clients who were improperly sold limited partnership units in GPB Capital's GPB Automotive Portfolio, LP. According to a settlement with FINRA released earlier this month, without [...] The post Advisor Group BDs Settle FINRA Charges Over Sales of GPB Offering appeared first on The DI Wire.