Margarida Correia

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.

The Buffalo-based institution generated $127 million in second-quarter revenue from trust services, up 5% year-over-year.

FINRA claimed he intentionally structured 10 cash deposits totaling $50,000 in five personal bank accounts in amounts under the $10,000 currency transaction reporting threshold.

The bank's wealth management businesses earned $124 million on $600 million in revenue in the second quarter.

The former rep refused to comply with a FINRA investigation into allegations that he exercised influence over an elderly woman.

Second-quarter revenue climbed 9% year-over-year even as the number of advisers dropped by 6%.

Digital advice can help bank customers engage in a range of financial decisions that go beyond retirement planning and wealth management.

The rep impersonated an elderly customer in an attempt to move his retirement account from a rival institution, the regulator charged.

Which banks are advisers moving to? Six recently jumped to BNY Mellon, Union Bank, U.S. Bank and M&T Bank from myriad financial services firms. One made a lateral move within his bank.

The adviser refused to provide the regulator with the documents it needed to investigate allegations that he converted funds from a bank customer.

The bank derives 15% of its revenues from insurance but it has set a long-term target of getting that to 20%.

The former First Tennessee Bank adviser defrauded numerous customers to satisfy a gambling addiction that started when he was in college, according to court documents.

The rep was suspended for 18 months and fined $7,500 for allegedly adding his wife as a 50% primary beneficiary to a customer's variable annuity without the customer's knowledge.

So far this year, at least 9 banks switched their investment services programs to new third-party broker dealers. One outsourced its broker-dealer operations to a TPM for the first time.

More banks are implementing second-story adviser programs as they embrace advice-based client relationships in the wake of the fiduciary rule.

The firm says the new platform will make it faster and easier for advisers to find and purchase insurance coverage for their clients.