Bank channel

California Credit Union and North Island Federal Credit Union consolidated their investment programs in anticipation of their merger in March.

The senior's investments were overly concentrated with as much as 95% of her portfolio invested at times in oil and gas master limited partnerships.

The exec will lead the private banking business across 10 markets.

Ben Ollendick will focus on new business development and lead a team of advisors serving clients with a net worth of more than $75 million.

The bank completed the acquisition of a local insurance agency without the executive hired to grow the bank's insurance business.

Since investment programs are a small portion of an institution’s overall business, demonstrating the benefits to deposits and loans is instrumental in gaining support.

The advisor reportedly sold $48,500 worth of securities in a purported computer products wholesaler without disclosing the transactions to his then employer, J.P. Morgan Securities.

The Arizona-based firm serves as a super OSJ, supporting advisors who work for 13 affiliated credit unions as either employees or independent financial advisors.

The bank is testing several trading and investing platforms and will be talking about "what might or might not work," CEO Jamie Dimon said during its third-quarter earnings call.

The bank, which has a focus on millennial investors, cited Cetera’s technology tools as a particular attraction.

The regulator claimed he sold $2.63 million in equity-indexed annuities without disclosing the business to his employer, U.S. Bancorp Investments.

The new platform offers the convenience of a brokerage account without incurring any of the fees that go with it, the companies say.

The rep purportedly received an email from the impostor requesting that she sell securities to fund the wire request to a third-party in the United Kingdom.

The broker declined to appear for on-the-record testimony regarding expense reimbursements that SunTrust alleged were not valid expenses, according to FINRA.

The broker recommended that a recently retired couple invest $135,000 in a non-investment grade municipal bond intended only for sale to institutional buyers.

Thomas Fickinger managed over 1,350 advisors generating $1.5 billion in revenue in 2016.

The firm's latest hires include an industry veteran of nearly four decades of experience.

U.S. Bank hired an executive to lead the fledgling Business Owner Advisory Services group on a national level.

SunTrust Investment Services collected more than $1.1 million in avoidable 12b-1 mutual fund fees from more than 4,500 accounts, the SEC charged.

We've reshuffled our top 25 program managers to list them solely by average production per advisor. Here are the top 15.