Chicago-based Ziegler to keep institutional, investment banking businesses.
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.
Subject was Jerry Lee Travers' payments to a non-registered person.
Veteran regulator will ease out of her role through April 2018.
Deal will add $860 million to RMB's $8.4 billion in AUM.
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.
The group, led by David Neihart, was with the Wells employee channel, and they'll stay in that same channel at Ameriprise
