Industry
Fidelity Finds That The Number Of Advisors On The Move Is Holding Steady, But They're Taking More Accounts With Them When They go
While the percentage of all advisors on the move in any year seems to have leveled off post-recession, those changing firms are taking more of their clients with them when they go.
Arrest Warrants Out For Alleged Ringleaders Of $32 Million M&A Insider Trading Scheme
The SEC has charged a corporate lawyer and a trader with colluding to profit from early information on at least 11 mergers and acquisitions. A criminal case is also pending.
Wells Fargo Pays Another $11 Million To Settle Wachovia's Lingering Problems
The ongoing probe into how mortgage-backed securities were sold during the credit boom has cost Wells Fargo $11 million to clean up another liability related to its Wachovia acquisition.
UBS Grabs $1 Million Teams As The Bulge Bracket Shuffle Continues
The Swiss bank doesn't seem to be winding down its broker recruiting efforts ahead of any rumored mergers. If anything, its efforts to lure top producers from its bulge bracket peers are stepping up.
Was LPL Interested In Buying Investors Capital After All?
A full month after the founder of Massachusetts broker-dealer Investors Capital put his own firm up for sale, stories are still circulating that LPL itself could emerge as the buyer.
More Articles ...
- Dynasty Financial Partners Grabs Schwab Vet To Run RIA Services
- State Of The Industry: Too Many Advisors, Aging Too Fast? Or Is Everything Just Right?
- North Carolina's SECU Brokerage Cleared Of Real Estate Suitability Charge
- Are The Wirehouses Stepping Up Trainee Programs Only To Let Even More People Go?
