Richard Ziegelasch and Wendy Holmes, who managed $258 million in client assets, are on the move to Credit Suisse
Firms will never admit that they lost somebody good or admit that they hired somebody bad.
Edward Brokaw, a former Deutsche Bank AG broker, was barred from the securities industry for manipulating the price of Monogram Biosciences stock in an effort to enrich a hedge-fund client, himself and his family, the Financial Industry Regulatory Authority said today.
Douglas Johnson and Daniel Legan jumped to UBS and joined the firm's Indian Wells, California office.
The Committee for the Fiduciary Standard takes a different tack in its bid to eliminate the broker-dealer exclusion
Bank of America Corp. announced today that Kunal Kamlani has been named head of global investment solutions, reporting to his former colleague at Citigroup, Sallie Krawcheck, president of global wealth and investment management.
Wells Fargo Advisors, UBS, MSSB and Merrill Lynch made personnel changes this week
Citigroup Inc. won dismissal of a lawsuit by six former brokers who said they shouldn't have to pay back the balance on their signing-bonus loans totaling $1.51 million.
Regional brokerage firms and some independent investment advisers have been making hay hiring hundreds of discontented wirehouse brokers.
Fred C.C. “Corky” Crozier, the former head of private client services at Deutsche Bank's U.S. brokerage unit, has returned to the firm as a managing director and adviser in its Baltimore office.
After winning dismissal of a class action claim brought by six former Smith Barney brokers last month, Citigroup is vowing to go after the brokers for legal fees.
Good sense has vanished from many areas of American life including how families manage their money, says economist and television commentator Ben Stein.
How can an Advisor or a Firm "own" someone else's money?
Merrill Lynch is carving out some of its private banking units from the broker recruiting protocol.
In the old days (pre 2004), firms would sue each other when an Advisor went from one firm to the other. “We own the book!” they cried (as if any firm or individual could somehow “own” someone else's money).
Maine securities regulators say Merrill Lynch will pay the state $400,000 to resolve claims that the brokerage allowed some of its associates to sell securities without being properly registered.
If everybody thinks we're picking on them, it probably means we're serving the people we're supposed to be serving: our readers.
HighTower Advisors LLC announced today that it has snapped up another team of advisers, this time from Morgan Stanley Smith Barney LLC.
Bloomberg's Susan Antilla offers her opinion on just how much (or little) progress women have made in the financial services industry over the last two decades
