Margarida Correia

The settlement comes two weeks after Citigroup resolved similar charges with the New York Attorney General's office.

FINRA barred the former J.P. Morgan rep for allegedly using customer debit cards to steal $1,002.

The wealth manager opened a new office in northern Virginia and expects to hire 8 new advisers over the next couple of years.

The regulator reprimanded Citizens’ retail brokerage for not amending reps' Forms U4 and U5 within 30 days of learning of complaints.

The rep purportedly stole $8,700 from an account funded with donations, according to FINRA.

Revenue in 2016 from the retail brokerage business slipped 6% to $281 million from $300 million in 2015.

While fourth-quarter revenue from brokerage services posted a sharp 20% over-over-year decline, the overall wealth management business still managed to come out ahead.

The large community bank will look to LPL to help the investment services business meet the requirements of the fiduciary rule.

11 executives were recently tapped to lead wealth management and related investment services teams at Bank of the West, BNY Mellon, Key Private Bank and U.S. Bank. Find out who they are and what their new roles entail.

Fourth-quarter revenue jumped 19% year-over-year, while profits soared 57%.