Andrew Welsch

A recent report about bad incentives for brokers "did not accurately reflect how we do business and serve our clients," said Jon Weiss, head of wealth and investment management.

Merrill Robertson Jr. had previously been sentenced to 40 years in prison in a separate criminal case.

The firm is asking a judge to dismiss a class action suit and force a former broker into arbitration, instead.

Dean Hoover is the latest advisor to join the Raymond James-affiliated independent firm.

The broker belonged to Morgan Stanley's Chairman's Club, a group reserved for the elite among the firm's advisor ranks.

It’s tough enough to grapple with sexual harassment in the workplace. It’s more complex when clients are involved.

The regional BD failed to properly document its own investigations in the matter, and couldn't answer some SEC questions about who knew what and when, the regulator says.

Despite leaving the Broker Protocol, UBS continues to selectively recruit high-end teams.

Frustrated by the limitations of working at a bank-owned brokerage, advisors Randy and Matthew Price opted to join the independent firm in Houston.

The departure is the latest in a string for the wirehouse, whose broker ranks have shrunk by more than 300 over the last year.

The move comes more than three months after Morgan Stanley and UBS quit the agreement.

Merrill Lynch, UBS and others made considerable alterations to policies and procedures in order to be compliant with the Labor Department regulation.

The Department of Labor has an incentive to defend its rule-making authority even though it is considering revisions to the regulation.

Focus turns to the SEC as it considers creating its own higher standard of client care.

James Van Steenhuyse will oversee the firm's planned growth in the region.

Jarrett Kovics will help the firm with recruiting and advisor development.

With the SEC and Labor Department rethinking their approach to a higher standard, a court's recent ruling may not have a lasting impact.

From inappropriate touching to belittling comments, women advisors confront workplace environments that are far from welcoming.

It's a sign the firm is still selectively hiring despite leaving the Broker Protocol last year.

One recruiter says, "If I'm an advisor at Wells Fargo right now, I have to ask myself is this the firm I want to tie my future to?"