Plaintiffs allege wrongful termination after urging their employer, Prudential, to take action over seemingly fraudulent sales of life insurance policies by Wells Fargo's retail bank.
Wirehouse says its decision preserves customer choice, and it comes as speculation swirls over the regulation's fate.
Connecticut team manages $230 million in client assets.
He points to his interim CEO post with eMoney for the kinds of things to expect from Fidelity Institutional Product under his direction.
While the president-elect's pick to head DOL hasn't said anything about the rule, others on the team have objected to it.
Financial giant targeting mass affluent clients with inexpensive planning services. <b><i>(More: <a href="//www.investmentnews.com/article/20161202/FREE/161209981/robos-to-make-banks-a-bigger-competitor-in-advice-market"" target=""_blank"" rel="noopener noreferrer">Robos to make banks a bigger competitor in advice market</a>)</b></i>
Mr. James has long been involved in leadership roles at the broker-dealer his father founded in 1962.
The Denver area practice will operate as First Avenue Wealth Partners.
The hires come as Raymond James gained the most assets under management through adviser recruitment of any financial firm in the third quarter.
A little online research can make the difference between a good and bad experience.
Report explains why various calculators produce different results
Initial implementation of the rule is currently scheduled to begin in April.
Supervisor left firm amid an internal review of her performance and then declined to testify during a Finra investigation.
Massachusetts' William Galvin charged the nation's largest independent B-D with failing to supervise a top-producing broker who allegedly committed fraud in selling unsuitable VAs.
Robo platforms are lifting client expectations.
Clients can add values for mortgages, 401(k) accounts and even an art collection into their portal.
Admits to stealing money from a family's trusts that he was managing and using it for personal expenses. <b><i>(Related read: <a href="//www.investmentnews.com/article/20160519/FREE/160519910/massachusetts-investment-adviser-gregg-caplitz-sentenced-to-prison"" target=""_blank"" rel="noopener noreferrer">Massachusetts investment adviser Gregg Caplitz sentenced to prison for fraud, SEC says </a>)</b></i>
