The advisers allegedly violated Finra rules and firm policy by encouraging some of their larger clients to invest directly in hedge funds.
<b>Advisers on the Move</b> - Eleven brokers from UBS and Merrill Lynch joined Wells Fargo in California. See more recent moves in our <a href="http://data.investmentnews.com/aotm/">exclusive Advisers on the Move database.</a>
Advisers Craig Houck and Richard Schooley focus on retirement plan design.
SEC has charged Donna Tucker with stealing $730,000 from older clients, including a blind couple.
A Finra arbitration panel ordered Vladimir Eydelman to repay his former firm after he was fired in March amid charges of insider trading.
Calling a broker an adviser is dangerous, and it's time to embrace the black-and-white distinction.
Judy Wolf, formerly with Wells Fargo, allegedly attempted to make it appear she adequately reviewed a broker later charged with insider trading. <b><i>Plus, see <a href="http://www.investmentnews.com/gallery/20140507/FREE/507009999/PH/5-big-compliance-lessons-from-recent-sec-cases" target="_blank">5 compliance lessons from recent SEC cases</a></b></i>
Former intern claims she was offered Christian Louboutin shoes in exchange for sex; adviser and firm say she welcomed advances.
A tweak to Merrill Lynch business cards earlier this year caused a stir among some of the firm's 13,700 advisers.
Team of William Peragine and John Biondo join as Wells Fargo continues summer recruiting spree.
Mandell Crawley's former responsibilities will be distributed to other personnel
Not all brokers are happy, but Morgan Stanley says shutting the “wrap” accounts program to new investors will reduce complexity.
Recent recruits include a former Merrill Lynch duo who managed $1.1 billion.
Charles Scwab's $15 million arbitration claim against Morgan Stanley for hiring brokers from its San Francisco office was rejected.
Since June, the firm has snatched nearly $1.4 billion in assets from rival wirehouse, according to moves tracked by <i>InvestmentNews.</i>
Some high-level executives depart as firm restructures its managed-account unit, and streamlines products and services staff.
Merrill Lynch Clear uses iPad apps to encourage goals-based conversations between advisers and clients.
Tuesday's <i>Breakfast with Benjamin</i> menu includes: It's true: Don't fight the Fed. Also: Alibaba mania is here and so is Apple's big day; Wells Fargo faces possible Finra action and about that Home Depot data breach.
Three advisers join as partners and will operate as HighTower Fort Myers.
A scandalous lawsuit, new data on the growth of independent firms, and the rest of this week's must-reads
