Margarida Correia

The fraudster swindled nine Fidelity customers out of more than $1 million over a seven-year period.

Tammy Petersen will be on federal probation for three years and will have to complete 200 hours of community service for embezzling more than $118,000 from Bank of America customer accounts.

David Sawyer will lead a team dedicated to developing and executing strategies to grow BMO's trust business in Delaware.

Thomas Melcher, managing executive of PNC's ultrahigh-net-worth wealth management unit, will assume his new role on Jan. 1, succeeding James Dunigan, who retires next year.

The bank's wealth management group has launched a new offering that caters to owners of small- to medium-sized businesses.

The move has hastened the transition to fee-based business and better positioned wealth management for growth.

The former rep was barred last week for failing to cooperate with a FINRA investigation into allegations that he swiped $65,000 from a bank customer's account.

Jon Dauphiné, a former AARP executive, was named the foundation's executive director. He replaces Jim Peniston, who is retiring after 13 years of service.

The institution employs four advisors who have $112 million in AUM.

The former rep was reprimanded for allegedly recommending municipal unit investment trusts to bank customers without understanding the risks and rewards of the products he touted.

The winners in our ranking are those advisors who are well-rounded. Consistency wins the race in this case.

One of the 10 largest credit unions chooses Raymond James after an 11-year run with another broker-dealer.

Banks now account for 18% of all indexed annuities sold, up from 6% in 2011, according to LIMRA.

The bank projects that fee income from its trust, insurance and brokerage operations will continue to grow in the range of 10% to 12% from 2016 to 2018.

The smooth integration of RIA firm Girard Partners is likely to entice the Souderton, Pa.-based bank to buy other RIAs as it seeks to grow its wealth management business.

A FINRA arbitration panel found that she was wrongly accused of participating in client meetings where an advisor she worked with misrepresented investment products.

Baby boomers will continue to be the nation's wealthiest generation for the next 15 years and remain the largest fee pool for banks and financial services firms, according to new report.

The executive will serve wealthy families in the eastern Florida region, including Jupiter, Palm Beach and Miami, as the bank looks to expand GenSpring, its ultrahigh-net-worth business.

The goal of the new Citi Wharton Global Wealth Institute is to train 300 to 400 advisors a year for the next three years, helping enhance their business acumen and leadership skills.

FINRA moved to banish the broker for failing to cooperate with an investigation into allegations that he borrowed thousands of dollars from a 70-year-old customer without Wells Fargo's prior approval.