The senior executive vice president in charge of Wells Fargo & Co.'s Wealth Management, Brokerage and Retirement Services Division made the bulk of his pay from an option award and a retention bonus.
The Securities and Exchange Commission's expected move to regulate placement agents as broker-dealers instead of prohibiting investment advisers from using them won't curb influence-peddling, some critics say.
Trying to capture some of the more than $3 trillion in cash sitting in client accounts, advisers are looking outside the style box to identify those undiscovered funds that have the potential to be tomorrow's gems.
A Federal judge refuses to vacate an award from June 2009 arbitration ruling.
President Barack Obama's health plan proposal would extend Medicare taxes to the investment income of higher-earning households.
The fate of a lawsuit brought by two brokerage firms against NASD over its 2007 merger with the New York Stock Exchange's regulatory unit could be decided this month.
For those advisers who missed out on the massive run-up in small-cap stocks since March, don't fret — some market observers still see plenty more upside.
The recent Supreme Court decision makes pay-to-play regulations unconstitutional — or at least, that's the take of one securities attorney. Others don't see it that way.
Although the number of brokers who change jobs in 2010 won't approach the level seen during the financial crisis, expect this to be a good year for broker recruiting.
A former Alabama municipal bond dealer whose failed challenge to a pay-to-play rule set a legal precedent, was sentenced today to four years and four months in prison on corruption charges.
