Displaying 114 results
Team managing $240 million at Merrill Lynch joins Raymond James
Vic Howie, Paige Passerallo and staff move to employee unit in Charlotte, N.C.
Three Wells Fargo reps managing $150 million move to Raymond James
Roper Fields, Thomas Fields and B.V. Lawson join employee unit in Cool Springs, Tenn.
Three Wells Fargo reps managing $150 million move to Raymond James
Roper Fields, Thomas Fields and B.V. Lawson join employee unit in Cool Springs, Tenn.
Finra bars former Edward Jones rep involved in expense investigation
Beth Hamilton refused to appear at a hearing looking into inaccurate reimbursements.
Wachovia appeals $1.1M arb loss over reps who fled for Stifel
Wachovia Securities LLC on Friday filed a court action to vacate a $1.1 million arbitration claim the firm lost last month.
Stifel reps go after Wachovia for seeking restraining order
Four brokers who won a $1.1 million arbitration award against Wachovia Securities LLC last month are asking a federal court to punish the firm for what they say are misrepresentations it made in getting a temporary restraining order against them.
Stifel and Wachovia still going at it
The bad blood between St. Louis crosstown rivals Stifel Nicolaus & Co. Inc. and the former Wachovia Securities continues.
Back to the future: Wirehouse firms resurrect training
After a decade of spending money to acquire successful representatives rather than develop their own, wirehouses are buffing…
A.G. Edwards scion branches out, expands into New York
Benjamin “Tad” Edwards IV, the great-great-grandson of Albert Gallatin “A.G.” Edwards, took another step toward expanding his own brokerage business with the launch of a branch in White Plains, N.Y. — one that will house a number of former A.G. Edwards Inc. advisers and employees.
Fitch hikes outlook on Prudential after Wachovia Securities sale
Fitch Ratings on Monday raised its outlook on Prudential Financial Inc., citing improvements to the insurance and investment company's capital position.
Wells Fargo pays $4.5B in cash for Prudential’s stake in brokerage
Wells Fargo & Co. is shelling out $4.5 billion in cash for Prudential Financial Inc.'s slice of a brokerage joint venture it shared with Wachovia Corp.
Wells Fargo to impose 25% withholding tax rate across adviser network
In an effort to harmonize its legacy payroll systems, Wells Fargo Advisors LLC will create a standard withholding…
Morgan Stanley Smith Barney vet bolts for UBS; $100M Wells team jets
Christopher Miller, a former executive vice president and Southwest regional director at Morgan Stanley Smith Barney in Houston, has moved on to UBS Financial Services Inc. and joined its Houston office as complex director.
Show me the money, cynical advisers say about Wells Fargo re-brand
Advisers are likely to welcome Wells Fargo Securities LLC's plans to build up its investment-banking business, but they are likely to have a “show me the money” attitude when management promises such changes, according to recruiters and analysts.
Former Wachovia CEO joins N.Y. private-equity firm
The former chief executive of Wachovia, Ken Thompson, has joined a New York investment firm as a senior adviser.
Michigan details settlement with Citigroup, Wachovia
Michigan regulators say brokerage firms Citigroup Inc. and Wachovia Corp. have paid $2.37 million to the state after an investigation into the sale of auction rate securities.
Wachovia stops offering profit-formula deals
Wachovia Securities last month stopped offering recruitment packages to potential recruits to its profit-formula platform.
Citi, Wachovia pay back $4.7B to California residents
Wachovia Corp. and Citigroup Inc. have agreed to return a total of $4.7 billion to state residents who bought auction-rate securities from the companies, California regulators announced.
Wells Fargo sets its sights on the New York market
The New York market will be a primary goal for the newly integrated Wells Fargo wealth management group.
