She says she filed her complaint on July 16 and was terminated two weeks later
Combs’ move to the banking giant's new Security and Resiliency Initiative reshapes leadership at Berkshire Hathaway as Warren Buffett's retirement draws near.
Cetera also extended its 2025 Commonwealth recruitment streak, while Citizens Private Wealth stepped into the retirement planning space with a 401(k)-focused advisory team.
“I’m still skeptical about cryptocurrency and Bitcoin,” said one senior industry executive. “What’s underlying it?”
The biggest team move to Wells Fargo Advisors this year highlights its efforts to court large ensembles, as well as UBS's continuing issues with advisor retention.
The move to give Mary Callahan Erdoes a board seat comes amid accusations that the Wall Street giant enabled the deceased financier's sex trafficking operation.
Seasoned veterans positioned to drive growth in increasingly competitive industry.
Firm's senior investment leaders have been speaking at a roundtable.
Elsewhere, Indianapolis-headquartered indie Sapient Capital nabbed a $1 billion JPMorgan advisor in a recruitment first, while another duo also left the wirehouse to join Wells Fargo.
The Munster Freeman Group has joined the wirehouse in California, following another billion-dollar team's departure from Merrill Lynch last month.
Former $6B managing directors Cleary and Devine's two-decade partnership drives 71 West Capital Partners.
Merrill has also nabbed a Morgan Stanley team in Georgia, while Raymond James lured multiple breakaway teams to its employee advisor channel.
Janney has also made its Texas debut with an ex-RBC advisor group, while UBS hires an experienced advisor from Morgan Stanley.
Over a dozen transfers the veteran Milwaukee advisor made to a joint brokerage account violated Finra's rules, according to the regulator.
Meanwhile, the New York Post reports giant bank thinking of leaving Switzerland.
After five years of bringing up the rear among the six largest banks, Moynihan and his team are arguing it's set to catch up.
Plus, the Commonwealth advisor diaspora continues with more conversions to Cetera, Osaic, and Raymond James.
Total client assets in the wealth division rise 11%, with wrap account assets and advisor revenue also setting records.
The wealth management industry right now is focused on the future of Stifel and its 2,000 highly desirable financial advisors.
The Wall Street giant’s newest deal, the first under CEO Ted Pick, signals a push to connect clients with private company shares and deepen relationships with high-growth firms.
