Margarida Correia

The regulator rebuked the broker for excessive trading that generated more than $666,000 in commissions and fees and resulted in $397,000 in losses.

Intense competition and the advent of the fiduciary rule are prompting financial institutions to consider making select purchases.

"We believe they have made our overall platform more competitive," said a top executive in the LPL division that supports banks and credit unions.

FINRA chided the rep for following through on trading instructions received via email from bank employees without confirming the transactions with the customers.

Brokerage revenue is likely to drop for three to five years.

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%.

Revenue increased 4% from 2015 even as the number of advisers fell by 10%.

Citigroup Global Markets paid a $1 million penalty to New York State for overcharging more than 47,000 customers. It will also reimburse the customers.

Which banks are advisers moving to? 15 recently jumped to BNY Mellon, U.S. Bank and M&T Bank from myriad financial institutions.

FINRA accused the rep of "structuring" transactions by making cash deposits into her personal savings account in amounts under the currency transaction reporting threshold of $10,000.

Scott Fleming, the former head of the firm's Rocky Mountain region, now oversees nearly 150 sales professionals across the U.S.