The best practices program will require advisers to charge reasonable fees and disclose them.
Jeffrey Howell allegedly overvalued a UBS customer's account by as much as $3 million.
CFO Paul Donofrio says the bank's decision "creates significant flexibility for our advisers, and we're delivering fiduciary, best-interest advice to clients.” <b><i>(More: <a href="http://www.investmentnews.com/section/fiduciary-faq" target="_blank">A comprehensive, searchable database of advisers' fiduciary FAQs</a>)</i></b> .
First Heartland Capital broker Jerome Scott Krause liquidated some of their investments without consent
The broker wired funds to a business account to pay himself a higher salary, unearned commissions.
Neil Moscicki allegedly violated the noncompete covenant of his employment agreement.
They will open a new private banking office for Merrill in Bellevue, Wash.
Out of 220 it looked at, about half were hired, spokesman says.
Raymond James and Prospera Financial recruit teams with at least $1 billion of assets
Arbitration panel pointed to customer letters as evidence the brokers had done nothing wrong.
