Margarida Correia

The SEC charged the firm with violating federal securities laws by providing unregistered cross-border brokerage and investment advisory services to U.S. clients.

The San Diego-based advisor allegedly participated in private securities transactions that resulted in two elderly investors losing more than $340,000.

Rather than relying entirely on themselves, self-directed investors are consulting more sources of investment information and advice, including real live advisors.

Bank and thrift holding companies generated record revenue from their wealth management businesses in the first half of 2014. Here are the top 10 banks whose wealth management programs grew the fastest during this period year-over-year.

The unit is aggressively pursuing modest mass-affluent investors with less than $500,000 in investible assets and its effort appears to be paying off.

In the first half of 2014, banks reeled in $71.2 billion in wealth management income, up 6.2% year-over-year.

Rising tax rates are one reason to rethink IRA accounts; plus Detroit's emergence from bankruptcy and a Social Security tip for people who remarry after 60.

Bank holding companies generated $3.07 billion in insurance brokerage fee income in the first half of 2014, down 8.9% year-over-year.

Female small business owners were more likely than men to view their financial advisors as important in managing, growing and protecting their assets.

Bank holding companies raked in $1.81 billion in annuity sales in the first half of 2014, up 11.5% year-over-year.

Its mass-affluent offering has attracted thousands of clients, 70% of which came from outside the bank.

In its latest organizational move, the firm hired a former Merrill Lynch banking executive to lead the growth of the wealth management business in Florida.

Older middle-class Americans in their 50s are more likely to lack confidence in their retirement preparedness, with almost half fearing they haven't saved enough.

Should insurers handle public-pension payouts?; the procrastination penalty for retirement savers; three steps retirement investors must take now to survive this market

The bank generated $90 million in third-quarter revenue from its brokerage, trust and insurance services operations, down 18.9% year-over-year.

FINRA's Enforcement Department alleges that the registered rep issued and distributed unauthorized ATM cards as part of a scheme to steal customer funds.

SunTrust's third-quarter revenue from trust and investment management plunged $40 million, or 30%, from a year ago. It fell 20% from the previous quarter.

The growing realization of the complexity of retirement planning creates opportunities for advisors, according to research firm Hearts & Wallets.

The bank's asset management group generated $411 million in third-quarter revenue, outpacing all other sources of fee income to the bank.

The two hires are part of the firm's campaign to increase its business development teams in key wealth markets.