Broker-dealer must pay fine and reimburse the state over 'Robin Hood' case involving disgraced broker serving more than five years in jail for defrauding clients.
Long-running case centers on reasons firm gave for broker's discharge.
Deal will add $860 million to RMB's $8.4 billion in AUM.
Veteran regulator will ease out of her role through April 2018.
Healthy retail business buoys corporate performance for the year.
Its adviser count is now at 9,890, including the IPI acquisition.
On plaintiff group's agenda: Establishing unpaid arbitration award pool and ensuring SEC doesn't 'water down' DOL fiduciary rule.
New York Times reports reps may have incentive to push higher-fee managed accounts.
The group, led by David Neihart, was with the Wells employee channel, and they'll stay in that same channel at Ameriprise
