Margarida Correia

The bank's brokerage services generated $67 million in first-quarter revenue, up 21.8% year-over-year and up 4.6% from the prior quarter.

Wealth management and securities services earned $59 million in first-quarter profits, up 13.5% year-over-year. Revenue rose 6.9%.

J.P. Morgan Private Bank and J.P. Morgan Securities generated $1.47 billion in first-quarter revenue, up 7% year-over-year.

Richard Ohrn, a former Chase and Wells Fargo broker accused of stealing money from customers, was discovered Sunday after staging his disappearance.

The bank hired a chief investment officer to oversee asset management and promoted an executive to lead Regions Institutional Services.

Of the 40 odd banks that own their broker dealer, eight list their wealth management executives among their five highest paid officers.

The two advisors were banished from the industry late last month for allegedly stealing money from customers, joining nine others who have been barred by FINRA so far this year.

The partnership will help the bank expand the financial advisory services available to business owners in the New York metro area.

The trustees of the family claimed that the family matriarch received bad advice from the broker at the firm.

Nicholas Kramer, an ex-Wells Fargo advisor, and Louis James Deeley, a former J.P. Morgan registered rep, were kicked out of the industry for alleged financial wrongdoing.

At the urging of management, advisors and bankers now hold joint annual review meetings with customers in a coordinated quest to secure more of their business.

An ex Wells Fargo rep allegedly improperly obtained almost $100,000 from a bank trust account, while a former First Brokerage America broker forged a notary's seal and signature on customer documents.

While managed account programs are projected to grow significantly, many advisors are not confident in their platform's ability to meet their needs due to the difficulty in integrating data firmwide.

Don't emphasize the money they'll make or the firm's reputation. Focus instead on work-life balance.

Banks and credits unions have only about one-third of the total advisors they need to provide "a really good client experience," says executive at BISA's 2015 annual convention.

The move highlights a broader shift in the way large regional banks are running their wealth management businesses.

Tricia Denise Willis was expelled from the brokerage industry for allegedly swiping $17,400 from a bank customer.

While Generation Y may seem uninterested in what advisors do, they may be the answer to the shortage of talent in the industry.

Revenue from investment services at the typical bank and credit union increased just 6% in 2014, falling far short of bank management expectations.

Frank Epinger will oversee the firm's downtown Los Angeles, Century City, Newport Beach and Santa Barbara offices.