Bank channel

Banks and credit unions scramble to adjust their product choices with a significant 40% of those surveyed developing separate menus for retirement and retail accounts.

Which banks are advisers moving to? Several recently jumped to BNY Mellon, U.S. Bank and M&T Bank from myriad financial institutions.

Some banks are looking to hire advisers or buy firms, while others are looking to get out of the business entirely.

The executive will set the overall advisory strategy for both CUSO and sister firm Sorrento Pacific as well as RIAs that provide investment and insurance services to financial institutions.

The broker was terminated after a series of unauthorized transactions involving the accounts of customers of both BBVA and its affiliate bank, FINRA claimed.

The bank will add "targeted talent that will play more of an advisory rather than transaction-oriented role," says SunTrust's CFO.

The regulator rebuked the broker for excessive trading that generated more than $666,000 in commissions and fees and resulted in $397,000 in losses.

Intense competition and the advent of the fiduciary rule are prompting financial institutions to consider making select purchases.

We've reshuffled our top 100 bank advisers to list them solely by fee business. Here are the top 25.

"We believe they have made our overall platform more competitive," said a top executive in the LPL division that supports banks and credit unions.

FINRA chided the rep for following through on trading instructions received via email from bank employees without confirming the transactions with the customers.

Advisers reacted to President Trump's efforts to halt the regulation.

Seven former private bankers said they functioned less as advisers than as salespeople.

Most banks still have a very low percentage of their customers who are also brokerage clients. This presents the biggest opportunity for advisers.

We've selected 8 up-and-comers who we feel are on track to become one of our Top 100 bank advisers down the road.

Information overload is a major problem, say young bank advisers. See how they help their clients make sense of it all.

Planners will have control over the service, which will not be available directly to clients, according to the firm.

Brokerage revenue is likely to drop for three to five years.

FINRA barred the former J.P. Morgan rep for allegedly using customer debit cards to steal $1,002.

Executives also estimate how much of their advisory force will quit in the wake of the DoL rule.