In the old days (pre 2004), firms would sue each other when an Advisor went from one firm to the other.
Maine securities regulators say Merrill Lynch will pay the state $400,000 to resolve claims that the brokerage allowed some of its associates to sell securities without being properly registered.
The company said lower trading volume and low interest rates, together with the seasonally slow summer months, will affect its financial results in the near term.
The top firms are starting to expand payrolls, albeit gradually. If form follows, non-banks will soon start adding more employees, too
If everybody thinks we're picking on them, it probably means we're serving the people we're supposed to be serving: our readers.
Investors claim Curtis Lyman sold them promissory notes in a feeder fund for $1.4B scam
HighTower Advisors LLC has hired another adviser from Morgan Stanley Smith Barney LLC's ranks — despite facing a continuing “lift-out” lawsuit that Morgan Stanley brought against it last month.
HighTower Advisors LLC announced today that it has snapped up another team of advisers, this time from Morgan Stanley Smith Barney LLC.
Morgan Stanley will continue to cut branches in the United States as it integrates its overlapping outposts with Smith Barney, but hopes to expand in the rapidly growing overseas market.
Best way to stop RIA growth is to put clients first, Merrill's boss says
Wells Fargo may have seen a modest dip in income in the first quarter of the year, but its advisory biz saw a big jump in productivity -- and profit
First-quarter earnings were down 45% at the discount brokerage. One positive sign: the number of net new accounts rose
E*Trade Financial Corp. shares gained the most since December after TD Ameritrade CEO noted that his firm could pull off a major deal
In a security snafu, an unencrypted storage device was apparently stolen from a rep's car.
Move expected to occur during the second quarter, and will affect approximately 50,000 client accounts.
In its second big purchase in a month, the firm dramatically boosts its profile in Europe.
The commission files charges in an alleged $14.7 million Ponzi scheme aimed at retired bus drivers in Los Angeles.
Firm sued by four reps for ethnic slurs allegedly made by a sales manager
