Margarida Correia

The adviser contended that not a single one of her clients from Schwab transferred their accounts over to J.P. Morgan.

The bank has undertaken a detailed review of its practices, policies and procedures but has not to date uncovered any systemic, cultural or operational areas of concern.

The bank will provide both non-discretionary and discretionary services. The discretionary service will offer three types of investment lineups built for different plan demographic profiles.

Third-quarter revenue from brokerage and trust services fell 8% and 7%, respectively, from the same period last year. Both units, however, boosted assets under management.

Execs see revenue sinking 7% to 20% next year while management is counting on growth of 4% to 6%.

"We don't measure that. We don't set quotas," Richard Davis told analysts while reporting strong revenue and profit numbers for the bank's wealth management businesses.

Even though the bank has great confidence in the processes it built, it nonetheless is "re-reviewing everything it's doing," says the bank's CEO.

The new CIO will direct U.S. Bank Wealth Management's Asset Management Group and lead its investment management business strategy and policies.

Third-quarter revenue from global wealth management surged 10% year-over-year.

New hires and promotions happened at several institutions, including Regions Bank, Fifth Third Bank and First Tech Federal Credit Union. Find out who they are and what their new roles entail.

The adviser claimed PNC falsely accused him of not having met with two clients for their annual review and challenged the firm for writing him up for falsifying documents.

Firms should consider focusing on nuts-and-bolts issues like marketing and suitability of products if they want to avoid being the subject of FINRA disciplinary actions.

Life insurance will become more attractive to sell in the post-fiduciary world because it is one of the few products not encumbered by the regulation.

Reuben Rashty will lead Mirador Family Wealth Advisors. He succeeds Glen Johnson, who will transition to a new leadership role.

The self-paced online curriculum consists of a base course and role-specific courses for both fiduciary and non-fiduciary roles

The executive will oversee the delivery of advice and services for many of the firm's most prominent client families.

The firm failed to promptly liquidate his $3 million brokerage account, the client's lawyer argued during the hearing.

Which banks are advisers moving to? 12 recently jumped to Associated Bank, BNY Mellon, Pinnacle Bank and U.S. Bank from myriad financial institutions.

While employed at Huntington National Bank, the broker recommended a couple invest $350,000 — the bulk of their net worth — in two unit investment trusts, according to FINRA.

The new exec replaces Randy Bluth who left the bank six months ago to pursue other opportunities.