Stifel broker-dealers agree to fines and restitution of almost $3 million as a result of shortcomings in supervision and compliance related to sales of non-traditional exchange-traded products.
Reshuffle is 'a result of the brain drain,' says one senior industry executive.
If the brokerage is eyeing an IPO in the next five years, as sources say, it’s got a lot of work to do to get ready.
A Minnesota-based foundation's lawsuit against the firm centers on an unnamed ex-broker's alleged churning of variable annuities.
'Those offers from smaller firms don’t always get as high as those from the bigger players, but they are pretty darn close,' says a recruiter.
'What’s missing in most cases of deals is that firms aren’t integrating the RIAs they are buying,' Mark Tibergien says.
Company announces only the fourth chief executive in its history.
Using the company's stock creates opportunities for financing deals, CEO says
Recent history shows that wealth management deals by giant banks like UBS can produce mixed results.
The regulator fined the firms $150,000 each for failures related to protecting thousands of clients’ private information and cybersecurity gaffes.
