Results for "broker-dealers"

Displaying 3,867 results

Sort: Date | Relevance

Author:

Merrill adds team with more than $1B in client assets

October 3, 2013

Merrill Lynch Wealth Management has hired advisers managing more than $1 billion in assets, according to a statement released Thursday by the brokerage. A team with more $1 billion in assets and $11 million in production moved to Merrill's White...

Advisor Group names compliance chief McGinnis CEO to replace Roth

October 2, 2013

Advisor Group, the network of independent broker-dealers owned by American International Group Inc., on Wednesday tapped longtime compliance chief Erica McGinnis as its new chief executive. Ms. McGinnis, 42, has worked for Advisor Group since...

Raymond James adds Georgia firm with $280 million in client assets

October 2, 2013

Raymond James Financial Services Inc. has drafted an independent firm that brings in $1.8 million in annual fees and commissions to join its practice. The team works under the name TSD Capital Group and operates out of Bogart, Ga., just outside...

Schorsch isn't done after Investors Capital

October 2, 2013

Fresh off Wednesday morning's announcement of one broker-dealer acquisition, Nicholas Schorsch said that he will continue to pursue potential deals to expand and diversify his group of business. RCS Capital Corp., one of Mr. Schorsch's companies,...

Wells Fargo Advisors lands $1B team

September 30, 2013

Wells Fargo Advisors LLC has landed a New York-area team of financial advisers who manage more than $1 billion in assets, a spokeswoman for the wirehouse said Monday. The Alpert Group joined Wells Fargo in Woodbury, N.Y., on Sept. 27 after leaving...

Ex-Wedbush broker wins $4.2M from firm

September 29, 2013

A former star Wedbush Securities Inc. broker last Wednesday won a stunning $4.2 million arbitration award against his old firm in a case that dated back to sales of risky collateralized mortgage obligations before the credit crisis. At the heart...

Ludeman retiring from Wells Fargo Advisors

September 27, 2013

Danny Ludeman, longtime chief of Wells Fargo Advisors LLC, is retiring at year-end, the company said Friday. He will be replaced by Mary Mack, currently head of the brokerage firm's financial services group. Ms. Mack will take over Jan. 1, 2014....

Former star Wedbush Securities broker wins $4.2 million award against firm

September 26, 2013

A former star Wedbush Securities Inc. broker Wednesday won a stunning $4.2 million arbitration award against his old firm in a case that dated back to sales of risky collateralized mortgage obligations before the credit crisis. At the heart...

Gross vs. net production: Managing your margins

September 26, 2013

Gross production, otherwise known as the trailing 12, is the number the industry uses to calculate signing bonuses and eligibility for reward trips. Net pay, otherwise known as the paycheck, is the adviser's take-home pay. Advisers scrutinize...

Former Merrill broker pleads guilty in insider trading case

September 25, 2013

A former Bank of America Merrill Lynch broker has pleaded guilty to helping a client, a former corporate executive, trade stocks illegally, based on inside information, Assistant U.S. Attorney Eric J. Beste of the Southern District of California...

Schorsch's RCAP completes First Allied deal

September 25, 2013

RCAP Holdings LLC said on Wednesday that it had completed its previously announced acquisition of First Allied Holdings Inc. RCAP Holdings is managed by Nicholas Schorsch, a noted manager of nontraded real estate investment trusts, and his team;...

Fed tapering decision could knock shares of LPL, RJ

September 19, 2013

The Fed's decision to continue its monthly bond-purchasing program could hurt the stock performance of some broker-dealers — including LPL and Raymond James — in the short run, one stock analyst said. In a report released Thursday for broker-dealers...

Citigroup Global — formerly Smith Barney — hit with $3.1M arbitration award

September 17, 2013

Citigroup Global Markets Inc. on Monday was hit with a hefty $3.1 million arbitration award after two investors claimed that their broker directed them into real estate developments managed by the son of a former Florida governor during the...

Adviser head count expected to drop amid lack of new recruits

September 16, 2013

The advice industry is still struggling to attract new talent while facing a potentially huge number of retirements by aging advisers. By 2017, the industry will shed more than 25,000 advisers, down from just over 280,000, due largely to retirements,...

A novel idea

September 15, 2013

Many financial advisers spent the last week of August savoring the final days of summer vacation, hanging out with their families on the beach or by a lake. One veteran adviser and registered representative, Frank Congemi, chose to spend his...

BofA quashed on arbitration

September 15, 2013

A federal judge last week denied a request by Bank of America and Merrill Lynch to force a group of bank brokers to arbitrate a lawsuit seeking overtime pay. The relevant laws and interpretations by the Securities and Exchange Commission “each...

Agenda item

September 15, 2013

Finra could act this week on a rule that would force brokers to reveal recruiting incentives to their clients, but the controversial regulation may undergo some changes on its way to final approval. The Financial Industry Regulatory Authority...

Merrill, UBS lure top advisers

September 15, 2013

Bank of America Merrill Lynch and UBS Wealth Management Americas have hired four high-performing financial advisers, adding to a flurry of adviser movement at top firms after what had been a year of mostly anemic turnover. REASONS FOR MOVES...

Siebert Financial names longtime associate to CEO post

September 13, 2013

Suzanne Shank has been named acting chief executive officer of Siebert Financial Corp., the retail brokerage and capital markets firm founded by Wall Street pioneer Muriel Siebert. Ms. Siebert died Aug. 24 at 80 as a result of complications...

Changes expected as Finra weighs controversial broker-comp rule

September 13, 2013

Finra could soon act on a rule that would force brokers to reveal recruiting incentives to their clients, but the controversial regulation may undergo some changes on its way to final approval. The Financial Industry Regulatory Authority Inc....

« Previous PageNext Page »

1 ... 171 | 172 | 173 | 174 | 175 | 176 | 177 | 178 | 179 ... 194

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.