The trailblazer says the advisory business is still coming up short in reaching out to women, both as advisers and clients, and explains why.
More financial advisers are becoming licensed mortgage loan originators as full-service brokerage firms look to be one-stop shops for wealthy investors, but some regulatory gray areas are causing concern.
Finra freezes new arbitration cases in Puerto Rico as a flood of claims sends the regulator scrambling to find more arbitrators. Bruce Kelly has the story.
Racquel Oden promoted to help ramp up newly restructured PMD program.
Take Five interview with Ronald Long, head of Wells Fargo's new Elder Client Initiatives
Move is part of CEO Gorman's effort to partner brokerage, investment bank, drive return on equity.
Ruling hinged on the firm's disclosure of revenue-sharing agreements.
“The times they are a'changing.” So said Bob Dylan in 1964. I am fairly certain he wasn't talking about the financial services industry, but now 50 years later, his message most definitely applies to our world.
Two Grueninger Group principals and an associate make the move.
Firm hopes the move allows it to compete with Wall Street brokerages.
Wall Street's bonus pool rose to $26.7 billion in 2013 as profits from broker-dealer operations on the New York Stock Exchange fell by 30%, according to estimates by New York state Comptroller Thomas DiNapoli.
Firm shifts shifting some top brass to create a new role focused on strategy and client management.
Laurie C. Kamhi is breaking away from Merrill Lynch Wealth Management's Private Banking and Investment Group, where she managed $320 million for well-heeled clients and institutions.
Bloomberg columnist William D. Cohan on the saga of Jill Wile, a former manager in the southeast regional office of the Financial Industry Regulatory Authority Inc.
A former Merrill Lynch broker already serving a 33-month sentence for securities fraud is back in the hot seat after being indicted for an 18-year Ponzi scheme.
The Tesla chief wants to get into military satellite launching. Plus, brokers failing to report trouble to Finra, stocks (and Costco earnings) drop, the Citi/Oceanografia plot thinkens, who you should follow on Twitter, and more.
Wells Fargo sought $76,152 from a former broker, but in the end was ordered to pay the adviser more than 10 times that amount .
Lawsuit over '09 acquisition seeks injunction barring individuals from the securities industry.
Outgoing regional director Ron Sallet had talks with Dynasty, sources say.
Strong profits from asset fees and potential regulatory changes are keeping most wirehouse reps in their seats, as the firms have mostly maintained their adviser forces since the third quarter of 2011.<br><i>(Plus: <a href="http://www.investmentnews.com/article/20131031/FREE/131039980">Wall Street's pay gloom</a>)</i>
