Margarida Correia

The move has hastened the transition to fee-based business and better positioned wealth management for growth.

The former rep was barred last week for failing to cooperate with a FINRA investigation into allegations that he swiped $65,000 from a bank customer's account.

Jon Dauphiné, a former AARP executive, was named the foundation's executive director. He replaces Jim Peniston, who is retiring after 13 years of service.

The institution employs four advisors who have $112 million in AUM.

The former rep was reprimanded for allegedly recommending municipal unit investment trusts to bank customers without understanding the risks and rewards of the products he touted.

The winners in our ranking are those advisors who are well-rounded. Consistency wins the race in this case.

One of the 10 largest credit unions chooses Raymond James after an 11-year run with another broker-dealer.

Banks now account for 18% of all indexed annuities sold, up from 6% in 2011, according to LIMRA.

The bank projects that fee income from its trust, insurance and brokerage operations will continue to grow in the range of 10% to 12% from 2016 to 2018.

The smooth integration of RIA firm Girard Partners is likely to entice the Souderton, Pa.-based bank to buy other RIAs as it seeks to grow its wealth management business.