Aarti N. Maharaj

Jakob Stott has been hired from JPMorgan to head its European wealth management unit.

RBC Wealth recruited Jason Braunstein from Morgan Stanley.

Merrill Lynch is set to pay New Jersey $728,260 in civil penalties and change its business practices to be in compliance with state law.

Wells Fargo adds Bonnie Humphrey and Christopher Ross to its Washington operation as part of expansion efforts.

FINRA fined the financial services company for deficient conflict of interest disclosures in equity research reports and public appearances.

Some broker dealers have found a better way to retain more of their advisors, and attract new ones, by offering an independent channel.

RBC Wealth Management promoted Brian Fields to branch director and vice president of its Lemoyne Penn., office.

Stephen Lawrence, a financial advisor from Northern Trust Securities, makes the move to Wells Fargo Advisors.

Natalie Cohen was hired to study muni bonds as head of the research and economics department.

David Tyrie will report directly to Andy Sieg, head of retirement and philanthropic services division.

Young, Stovall and Company lost Eileen Lamchick and Susan Rutrough to a Raymond James unit in Miami.

Alexander Classen left MSSB after four years with the company.

HighTower CEO says there will be more moves to come.

UBS Wealth Management Americas hired two executives from Goldman Sachs and Merrill Lynch who will oversee mortgages and other loan options for affluent clients.

The insurance company made a series of changes to its college-savings program, including a new business relationship with Upromise and new age bands in the age-based portfolios.

Tim Sheridan makes the move to serve as a complex manager.

A widespread expansion effort is underway at U.S Trust to boost its ultra high net worth business.

U.S Trust hired nine senior wealth management experts to their California, Arizona and Washington operations as part of their wealth management expansion efforts.

For as much press as the recent financial reform bill has received, the majority of financial advisors apparently are unaware of its importance.

The brokerage company recruited Laurence Braunstein who will serve as a financial advisor and senior vice president in New York.