Results for "merrill lynch"

Displaying 3,897 results

Sort: Date | Relevance

Author:

Broker fired by Sun Trust for expense violations agrees to Finra bar

September 21, 2017

A broker Sun Trust Investment Services fired earlier this year for seeking reimbursements for invalid business expenses has agreed to be barred by Finra. Gregory S. Brent, who first registered as a broker in 1993, for the last eight years has...

Path to Growth: Why RIA firms leverage M&A as a growth strategy

September 19, 2017

Increasingly, Registered Investment Advisory (RIA) firms are expanding strategic goals, responding to rising competitive pressures and building scale by turbo-charging growth through mergers and acquisitions. Organic growth may still be the...

Morgan Stanley, Wells Fargo lose reps to Baird

September 18, 2017

Two registered reps — one who managed $175 million at Morgan Stanley, and the other who managed $150 million at Wells Fargo — have joined Robert W. Baird & Co. (More: See all the latest moves in the InvestmentNews Advisers on the Move database)...

Merrill Lynch duo managing $140 million goes hybrid

September 15, 2017

Scott McQuilken and Richard Reasoner have left Merrill Lynch in Atlanta, where they managed $140 million in assets, and affiliated with Arkadios Capital. The team, which serves 65 families, will operate as a hybrid. Mr. McQuilken began his securities...

Finra bars recently fired UBS Miami broker

September 13, 2017

The Financial Industry Regulatory Authority Inc. has barred a broker that UBS Financial Services Inc. fired earlier this summer for giving clients documents with false account information. The broker, Lorenzo C. Esteva, was based in Miami and...

By the numbers: Section 529 college savings plans

September 9, 2017

Ranked by assets State Program Manager Assets ($M) 1 VA CollegeAmerica American Funds $58,773.50 2 NY New York's 529 Program (direct-sold) Ascensus $21,637.70 3 NH UNIQUE College Investing Plan Fidelity Investments $11,847.40 4 UT Utah Educational...

Finra fines former Merrill broker $10,000 for unauthorized stock purchases

September 6, 2017

A former Merrill Lynch broker has accepted a 20-day suspension and a $10,000 fine for his role in securing new-issue stocks for his clients without their written consent. The broker, Joseph Yanofsky, was employed by Merrill Lynch in its Greenwood...

Ex-Morgan Stanley broker pleads not guilty to insider trading

September 5, 2017

A longtime Morgan Stanley broker and financial adviser pleaded not guilty to trading on secret tips about pending mergers and acquisitions leaked by a Bank of America Corp. consultant. Michael Siva, 55, got the information from a close friend,...

Merrill team managing $311 million goes hybrid

August 29, 2017

Sharon Barton and Jay Spector, who managed $311 million at Merrill Lynch in Scottsdale, Ariz., have created Barton Spector Wealth Strategies, a hybrid firm that has affiliated with LPL as its broker-dealer and Stratos Wealth Partners as its...

Merrill Lynch loses $600 million team to Texas RIA

August 28, 2017

A three-person team managing $600 million at Merrill Lynch Private Banking and Investment Group in Dallas has joined Syntal Capital Partners, a registered investment advisory firm based in Midland, Texas. (More: SunTrust rep managing $260 million...

SEC gets court to freeze assets of former LPL broker

August 25, 2017

The Securities and Exchange Commission has obtained an emergency court order and asset freeze preventing former LPL broker Sonya Camarco from further dissipating stolen client assets. Ms. Camarco, who also has been known as Sonya Fatchett, was...

Merrill Lynch loses $150-million father-son team to Raymond James

August 23, 2017

A 37-year Merrill Lynch veteran broker and his son have decided to join the employee unit of Raymond James. The father-and-son duo of John R. Edgecomb Sr. and John Robb Edgecomb Jr., who managed $150 million at Merrill Lynch, will be joined...

Thrivent Financial quietly expands beyond Christians

August 23, 2017

Thrivent Financial doesn't do anything necessarily fast, so it might have been easy to miss the evolution over the past several years of the world's largest fraternal organization, which has a history dating back 115 years. But the Appleton,...

Finra bars former Merrill rep for failing to appear at hearing

August 21, 2017

Finra has barred former Merrill Lynch William H. Merriam IV for failing to appear for on-the-record testimony looking into his conduct. In its letter of acceptance, waiver and consent, the Financial Industry Regulatory Authority Inc. said that...

ETFs making emerging markets vulnerable to sudden outflows: Citi

August 16, 2017

Add Citigroup Inc. to the list of analysts and investors concerned by the bumper inflows into emerging-market ETFs this year. After attracting almost $47 billion of new cash so far this year, exchange-traded funds have made developing nations...

Since banking scandal, Wells Fargo advisers with more than $19.2 billion leave firm

August 16, 2017

It's been almost a year since a banking scandal rocked Wells Fargo & Co., and its brokerage business has seen a steady stream of departures since, with InvestmentNews tracking 70 teams of advisers working with $19.2 billion in client assets...

European junk bonds posted highest returns after financial crisis

August 15, 2017

If you'd bought European high-yield bonds the day the global financial crisis erupted, closed your eyes and held onto them through the unprecedented events of the following decade, you would now be sitting on a 100 percent return. On the other...

Top clearing and custody firms for financial advisers

August 7, 2017

CLEARING FIRMS Listed by reported number of broker-dealer clients Firm Phone/website # of clients % change vs. 2016 Contact Phone/email Pershing (800) 445-4467 714* -3.90% Michael Row (800) 445-4467 One Pershing Plaza, Jersey City, NJ 07399...

Morgan Stanley loses $500 million team in New York

August 2, 2017

A two-adviser, four-person team that managed $500 million in assets at Morgan Stanley in New York has joined the Alex. Brown unit of Raymond James. The two advisers —Todd L. Kissel and Joshua Pasahow — were joined by associates Ida Ng and...

LPL Financial benefits from flight of Wells Fargo advisers

July 31, 2017

As Wells Fargo & Co. deals with yet more scandals that are hurting its reputation, LPL Financial has been welcoming its brokers looking for a fresh start. LPL, the nation's largest independent broker-dealer, reported Monday that 15 or the 72...

Next Page »

1 | 2 | 3 | 4 | 5 ... 195