Margarida Correia

FINRA claimed the broker attempted to secure a buyer for 10 sellers of Iraqi dinar currency in anticipation of a finder's fee.

Advisors must contend not only with the emotional and psychological issues facing their clients. They must also navigate complex family relationships, while juggling a slew of financial challenges that don't always have easy fixes.

The new offering has been rolled out to roughly half of the 2.65 million households the bank serves, with the remainder to come on board by the end of September.

The broker used the customer's money to buy two apartments in his name, rather than the customer's.

Which banks are advisors moving to? One recently jumped to Woodforest National Bank from Merrill Lynch. Eight others switched to Arvest Bank, Northern Trust, Union Bank, U.S. Bank and Wilmington Trust from myriad financial services firms.

Six executives were recently tapped to lead wealth management and related investment services groups at several financial institutions, including Umpqua Bank, U.S. Bank and CUNA Brokerage Services. Find out who they are and what their new roles entail.

The rep ignored FINRA's repeated requests for documents it needed to investigate allegations that she made inaccurate statements on a mortgage gift letter.

Shelley Steuer Freeman, the bank's former Los Angeles regional president and head of Consumer Credit Solutions, was barred for refusing to provide FINRA with documents it requested.

Many advisors in branches today "don't want to ride the circuit and go to three other branches and have smaller-dollar clients," says industry observer.

Rob Comfort will lead sales operations and develop the firm's network of 400 advisors at more than 250 credit unions nationwide.

The execs were moved up to roles overseeing key markets in the New York Tri-State and mid-Atlantic regions.

The deal will give the firms more resources to boost their technology and spur growth, according to an industry observer.

The rep took more than $1,500 from the bank's cash drawer over a three-month period beginning on New Year's Eve last year, FINRA claimed.

The violations ranged from the improper reuse of signed customer forms to the execution of discretionary transactions without written authorization.

The regional bank is looking to broaden its wealth management offerings and recruit additional financial advisers.

Collectively the four firms provided market access to numerous clients that executed millions of trades per day.

The new hire is part of the bank's push to expand the wealth management business.

The rep claimed the firm misled him when they recruited him from PNC Bank.

Daniel Wani will command a team of 18 wealth management professionals providing a range of services to wealth clients in both states.

Second-quarter revenue from brokerage services fell 3% year-over-year while assets under management jumped 26% to $14.8 billion.