The case, which dates back to 2006 and 2007, relates to the issuance, underwriting and sale of the securities.
Jack Ginter was the president of Wells Fargo's private bank until he left in 2021.
The Swiss-headquartered wealth manager has expanded its advisor head count in Ohio.
Even as the bank removes Credit Suisse nameplates, more legal storm clouds roll in.
Firm has big plans for growth, acquisitions.
Outgoing CEO Gorman wants an outcome in which the rejected finalists stay with the firm.
Brendan Wood has managed approximately $130M in assets, most recently with Merrill Lynch.
Veritas Legacy Wealth launches with support from LPL Financial's Strategic Wealth Services.
Wells Fargo units agreed to pay $125 million to the SEC and $75 million to the CFTC.
'Kowach has been laying the groundwork for this since last year,' says one industry source.
Like other technologies in the past, AI is bound to reshape the operations of the financial advice industry.
Firm's funding went toward areas including clean energy, carbon removal and social housing.
Forbes-recognized advisor in Ponte Vedra, Florida, leaves bank for independent.
The trio of advisors have launched their new firm, Pinnacle Private Wealth Advisors, in Bellevue, Washington.
'New leadership has been making big strides,' says industry source.
Woman-led firm sets up independent practice in Washington state.
Advisors Mark Morasky, Erik Clay and Chris Figaro are launching Vantage Point Private Wealth.
The firm is launching three fixed-income exchange-traded funds bearing the Eaton Vance name, in addition to a Parametric ETF.
Naratil, a 39-year veteran of UBS, last fall stepped down from his senior roles at the wirehouse.
The fines imposed by the Federal Reserve and the Bank of England's Prudential Regulation Authority follow UBS guidance that legal liabilities related to Credit Suisse could total $4 billion.
