Lorie Konish

The company has appointed a new complex director in Dayton, Ohio, and added four new financial advisors in Beverly Hills and San Francisco.

Dan Rebmann joined UBS in March after serving for almost 13 years at Merrill Lynch.

Robert M. Jaffe has been ordered to pay $1.1 million plus interest to Turbo Investors LLC

Advisors are losing an average of $20,000 in fees for not charging their fee-based businesses competitively enough according to Toronto's PriceMetrix.

The investment professionals will work from Citi’s Philadelphia office, focusing on ultra high net worth individuals, foundations, endowments and private business owners.

Robert M. Jaffe has been ordered to pay $1.1 million plus interest to Turbo Investors LLC.

TIAA-CREF has committed $1 billion in seed capital to Covariance Capital Management, which will start investing in the third quarter.

Ahmass L. Fakahany was awarded $1.2 million by a FINRA arbitration panel after he brought a claim seeking more than $70 million from his former employer.

A retired American Airlines pilot is set to recoup his retirement savings tied up since 2009 in non-public mortgage funds.

Jason Schlesinger comes to Baird after three years at Wells Fargo and eight years at Bank of America Investment Securities.

New advisor hires from Bank of America Merrill Lynch this month are part of the firm’s national expansion plans.New advisor hires from Bank of America Merrill Lynch this month are part of the firm’s national expansion plans.

The new Naples, Fla.-based advisors join HighTower after the firm added four BofA Merrill Lynch advisors in Portland, Maine.

More investigation as to how a uniform fiduciary standard would affect consumers and the market is needed, a group of House lawmakers said in a letter to the SEC.

The new hires have taken posts in New York, Miami, San Francisco, Los Angeles and Boston.

The decision will lead to further litigation, as the claimants’ seek to reverse their responsibility for $400,000 in attorneys’ fees.

Industry chatter surfaced this week that Wells Fargo may seek to buy UBS’s U.S. wealth management business. Some industry analysts say a deal, if done right, could work.

A new survey from ByAllAccounts finds that financial advisors are not emphasizing their fiduciary and ethical standards to gain new clients.

Three hires come from Morgan Stanley Smith Barney and another advisor joins from Oppenheimer & Co.

The new plans come as Baird plans to grow its advisor force by 150 in the next several years.

The wirehouse’s advisor head count could be reduced to 17,800 at the end of the first quarter.