A broker who had a client invested in the private-equity shop that was acquiring Burger King was ordered to pay $5.6 million to settle insider trading charges related to the deal.
A new plan for Barclays advisers offers a more even ratio between salaries and bonuses. The payout grid remains in place, but it's not the same. <b><i>Plus:</b> <a href="http://www.investmentnews.com/gallery/20131119/FREE/111909999/PH">How adviser salaries stack up vs. other jobs</b></a></i>
The newly appointed head of the wirehouse is reorganizing the firm's top brass.
How much do wholesalers know about advisers? And what are they telling the competition?
Advisers should spend more time vetting private-placement funds and their managers, commission says.
Advisers have asked for meetings in out-of-the-way hotels, dive bars and off the Jersey Turnpike.
Increase in head count, strong equity markets drive sharp increase in assets.
Almost 20% of the 695 advisers who joined the firm last year came from big Wall Street firms. How long will this strategy work?
After having no plans to sell, the Lightyear Capital executive found an offer too good to pass up.
Brokers' pay rises on higher transaction revenue and asset-based fees.
