Meanwhile, Stephens lures a JPMorgan advisor in Louisiana, while Wells Fargo adds two wirehouse veterans from RBC.
Meanwhile, Ameriprise has lured a 28-year veteran advisor away from Merrill in Pennsylvania, and taken over a bank-based investment program from Osaic in Michigan.
The bank's new training initiative aims to add hundreds of advisors as it expands its mass-affluent advice unit, according to Barron's.
Wall Street firm partners with Dutch online broker to fuel push into EU market.
Agreement with the US Department of Justice comes eight years after settlement.
Wall Street leaders propose ways to monetize the mortgage giants.
President meets with ‘highly overrated globalist’ at the White House.
Some in the industry say that more UBS financial advisors this year will be heading for the exits.
The Wall Street giant has blasted data middlemen as digital freeloaders, but tech firms and consumer advocates are pushing back.
Wealth management unit sees inflows of $23 billion.
The organization overseeing the CFP mark is looking for its next chief executive as Kevin Keller is set to step down in April next year.
Meanwhile, Raymond James bolstered its employee advisor arm with an industry veteran who previously oversaw $750 million at Stifel.
But economists say inflation impact may come in lower than expected.
The firm is extending the use of tools to help boost productivity.
UBS has also regained some ground as it recruited an experienced Merrill advisor in New York.
UBS and Wells Fargo have made their own additions in the Northeast, including a Massachusetts duo defecting from Commonwealth.
"The outcome is correct, but it's disappointing that FINRA had ample opportunity to investigate the merits of clients' allegations in these claims, including the testimony in the three investor arbitrations with hearings," Jeff Erez, a plaintiff's attorney representing a large portion of the Stifel clients, said.
Meanwhile, Merrill Lynch intends to continue building its alternative investment platform for wealthy clients.
Investment banking fees far exceeded analysts' expectations.
Elsewhere in Utah, Raymond James also welcomed another experienced advisor from D.A. Davidson.
