Andrew Welsch

Santander is the latest firm to get hit with regulatory penalties related to the sale of Puerto Rican municipal bonds and close-end funds.

An ex-wirehouse advisor sought damages for libel and other misconduct against Merrill.

Credit Suisse's losses include a three-member team that generated $7.2 million in annual revenue, which joined UBS.

Morgan Stanley's move to push more cases to an arbitration system of its choosing tilts the playing field against advisors and curtails their rights, opponents say.

A retired couple alleges their advisor lost millions through negligence and misrepresentation of certain securities, but the firm says that the clients were sophisticated self-directed investors.

The team made the move in part to be able to grow in new directions, says senior financial advisor Tommy Boyd.

With one-third of advisors expected to leave the industry in the next ten years, young advisors see an opportunity to pick up another book of business. But at what price?

The now-independent advisor sought damages against his former employer for wrongful termination and defamation, and also asked his record to be expunged.

The team left the wirehouse to form their own independent firm, representing one of the largest groups that Dynasty has helped go independent.

Only about one-third of CFPs say their clients are even somewhat knowledgeable about claiming Social Security benefits, according to a new join study from the FPA and AARP.

It's not about social media, it's about being visible when the prospective client has a goal or a need you can help with, says author David Meerman Scott.

The association's board of directors chose a new president-elect, as well as three new board members. The changes come as the association generally supports the Labor Dept.'s proposed fiduciary rule, but with certain changes.

An arbitrator ruled against a former wirehouse advisor who declined to attend hearings or have a lawyer represent him against Morgan Stanley.

UBS' latest hires managed approximately $1.3 billion in client assets while at Merrill.

A judge also ordered Andrew Parish to pay $341,000 in restitution and a $10,000 fine.

The new hire comes amid rumors that Credit Suisse will sell its U.S private bank.

The two-year-old wealth management business has a new chief executive to replace Frank Campanale, a former wirehouse executive, who previously held the job.

The wirehouse lured away seven advisors from Morgan Stanley.

Three wirehouse veterans joined the super regional's employee channel.

Advisors say they have been proactively reaching out to clients, rebalancing portfolios and boosting cash positions in anticipation of an eventual rate hike.