Wells Fargo advisers managing about $400 million join LVW Advisors.
Firms focus on pushing brokers toward holistic advice and a different product set, but adoption has been slow.
Firm had out-of-date procedures and delayed handing over email records to examiners, Connecticut securities regulators said.
Wirehouse CEO looks to reduce compensation to 55% of revenue from around 60% as brokers do more banking and lending.
Appeals court reinstates arbitration panel's ruling that had been vacated by lower court.
Firm looks to deepen its reach in the ultrahigh-net-worth market segment with plans to double head count in Washington by year's end.
UBS faces a class action lawsuit for $5 million over an alleged breach in fiduciary duty in the sale of Puerto Rican bond funds.
With improvements in technology and compensation models, independent firms are narrowing the gap in the competition for the biggest talent on Wall Street.
Firm signs on to broker protocol as it moves to make sure its name is more prominent in the eyes of top advisers.
As Finra looks to make BrokerCheck more visible, youthful indiscretions come back to haunt some advisers.
