This isn't proof of anything "London-based financial services firm European Wealth Group is purchasing independent broker-dealer Newbridge Securities Corporation and its affiliated registered investment adviser Newbridge Financial Services Group for an undisclosed sum. The acquisition is expected to close in late 2017 or early 2018, subject to FINRA approval.") - show me proof from the EWG IR departmernt - where is the proof from the Newbridge website?
Where is the proof that FINRA approved acquisition?
Why is Newbridge which is domiciled in Florida still filing a Annual report if they have been acquired.
Here is my proof:
Sorry I post facts - there wasn't a single link in your post that verifies your claim that the Newbridge acquisition of completed in early 2018 - as usual I am right.
Newbridge Securities to be bought by foreign wealth management firm
London-based European Wealth Group is acquiring the U.S. independent broker-dealer, which has about 200 reps and advisers
Newbridge Securities sued for Unsuitable Investments
February 13, 2018 PA Financial Advisor Austin Dutton – 4 Pending Customer Complaints
According to an article in the Philadelphia Inquirer, three retired Philadelphia police officers and a firefighter have filed complaints with the Financial Industry Regulatory Authority (FINRA) against Newbridge Securities for unsuitable investments.
The clients allege that their financial advisor, Austin Dutton of Doylestown, did not properly warn them of the risks involved with the recommended investments.
There wasn't anything in the article about The European Wealth Group.
Newbridge is domiciled in Florida - if they have been acquired then why are they still filing - as of 04/11/2018 Newbridge filed a Annual Report - if they had been acquired the corporation would have been dissolved.