Margarida Correia

The lawsuit stems from the conflicting demands placed on advisors who are expected to cross-sell banking products.

The Tupelo, Miss.-based regional bank generated $5.4 million in fourth-quarter revenue from its wealth management operations, down 9.3% year-over-over.

Fourth-quarter revenue from trust and investment services fell 6% to $79 million from $84 million a year ago. Revenue from the retail brokerage business also slipped, falling 3% to $71 million.

The newly appointed executive will coordinate a cross-platform family office strategy to ensure that family offices can access Wells Fargo's products and services easily.

The decline was due to the fiduciary trust businesses moving to a more open architecture platform and a drop in AUM in proprietary mutual funds.

The Birmingham, Ala.-based bank posted $100 million in fourth-quarter revenue from its brokerage, trust and insurance services operations, up almost 10% year-over-year.

Fourth-quarter earnings from wealth management and securities services swelled 11% to $71 million from $64 million a year ago.

The virtual credit union was attracted to Cetera's "rep on demand" and other virtual advising services.

Global wealth management generated $5.8 billion in revenue in 2015, up 2% year-over-year.

The Scranton, Pa.-based bank will look to LPL to help grow its wealth management business, which the bank has identified as a core strategy for 2016 and beyond.

A widow unaware she could claim spousal benefits before claiming her own dramatically increases her retirement income, thanks to guidance from her advisor.

Family-owned Johnson Bank will boost its AUM to $8.5 billion after the acquisition of the Milwaukee-based RIA.

The acquisition of the RIA firm is expected to increase BOK's assets under management by about $340 million.

The Iowa locally owned bank moved to Raymond James after a 20-year run with another broker-dealer.

The former rep allegedly stole more than $26,000 from four bank customers by making unauthorized ATM withdrawals from their accounts.

Pressure to control costs and concern over anticipated regulatory changes are driving banks and credit unions to consider other advisor compensation options.

Bank customers who have financial plans are twice as likely to purchase insurance and investment products from their institutions, according to a new study.

The advisor and portfolio manager argued that because Barclays failed to live up to its promises he should be relieved of any obligation to repay the signing bonus he received.

The firm fleeced customers of roughly $8.6 million by allowing more than 6,100 unsuitable mutual fund switches to occur over a five-year period, FINRA said.

Anthony Percora, a former SEC attorney, will develop all policies and procedures related to the firm's compliance program.