Daily Briefing Cross-Vertical Wednesday

One FINOP Leaves Four Firms in a Single Day; MissionSquare CCO Departs; Purshe Kaplan Loses COO; Uphold Securities Drops JNK Trading Name

Ernest Domenic Kappotis departs as FINOP from Wright Investors' Service, Vienna Capital Partners, SGI Securities, and Quinbrook Capital Partners in a single filing cycle — replaced at three by the same person. MissionSquare Wealth Management's CCO departs. Purshe Kaplan Sterling loses its COO. Arena Financial's CEO is replaced. Uphold Securities drops the JNK Securities trading name. Two FINRA enforcement actions. Edward Jones, Schwab, and Pinnacle file disclosure changes.

By Farah Ashraf Kamal · Finleet Daily Intelligence

April 08, 2026

By Farah Ashraf Kamal

Across 71 events today, one name appeared four times on the departure tape. Ernest Domenic Kappotis filed simultaneous FINOP departures from four broker-dealers — and the same replacement appeared at three of them. MissionSquare Wealth Management lost its CCO. Purshe Kaplan Sterling Investments lost its COO. Arena Financial Services replaced its CEO. Uphold Securities dropped the JNK Securities trading name. Two new FINRA enforcement actions were filed.

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