Margarida Correia

The trio expressed confidence in their ability to weather the impact of the rule on their wealth businesses during recent earnings calls.

Despite a challenging operating environment, the broker-dealer’s earnings soar from the previous quarter.

The traditional grid that delivered handsome payouts for advisers will likely go away for all but the top performers.

Industry veteran Scott Schmid will oversee the San Diego market for its Private Client Reserve beginning May 9; hopes to double headcount in 2 years.

The large Northwest Pacific institution abandoned its third-party broker-dealer for CUSO Financial Services.

FINRA scolded the firms for alleged operational systems, supervisory and recordkeeping deficiencies.

The rep was barred for engaging in money laundering and helping a childhood friend and business associate deceive creditors.

Rogers described any potential impact of the new rule as marginal and noted that it might also offer opportunity.

The weak performance was due to challenging market conditions, which reduced assets under management and client activity, the bank's CFO said.

The advisor was banished for refusing to cooperate with a FINRA investigation into wire activity in the advisor's bank account.