Andrew Welsch is a former managing editor of Financial Planning.
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Merrill Lynch reported that fourth quarter revenue had fallen due to market impacts on both fee-based and transactional revenue.
January 19 -
The independent firm founded by several former wirehouse managers picked up two recruits who generated $1.5 million in annual production.
January 19 -
CEO John Taft warns that regulatory scrutiny will increase, but adds that the long-term goal a unified fiduciary standard of care will still benefit clients and advisors.
January 19 -
The number of financial advisors at Wells Fargo slipped below 15,000.
January 15 -
John Taft will be the latest head of a major brokerage firm to exit the business, following UBS' Bob McCann and Morgan Stanley's Greg Fleming.
January 14 -
After being burned by a now-barred advisor's $2 million Ponzi scheme, an ex-client is seeking redress from the advisor's former employer.
January 13 -
Another team departed Credit Suisse, this time for William Blair.
January 13 -
A yearly salary and a clear career path are some of the most vital ingredients necessary to attract and keep new entrants, according to a study by Fidelity.
January 13 -
The head of the wealth management business is stepping down, while Colm Kelleher has been named president of Morgan Stanley, according to memos sent to employees.
January 6 -
Four recruits moved between the boutique wealth managers, making them the latest Credit Suisse advisors to pass on an offer to join rival firm Wells Fargo.
January 6
