Bank channel

Which banks are advisers moving to? 15 recently jumped to BNY Mellon, U.S. Bank and M&T Bank from myriad financial institutions.

FINRA accused the rep of "structuring" transactions by making cash deposits into her personal savings account in amounts under the currency transaction reporting threshold of $10,000.

Scott Fleming, the former head of the firm's Rocky Mountain region, now oversees nearly 150 sales professionals across the U.S.

Succession planning is thwarted by most bankers' high-handed attitude that they own the client relationship. Realities on the ground are more nuanced.

The bank implemented the program to compensate advisers as they transition their books to other advisers, while ensuring that their clients are left in good hands.

Advisers at a bank may have to shift to another channel for a few years before retirement, says contributor Rick Rummage.

When advisers quit, banks lose revenue even when they hire replacements. The present value of that lost revenue averaged $2 million, according to a study by Kehrer Bielan.

The differences between Trump and Obama are numerous, but both share disgust with the irresponsible behavior that led to the 2008 financial crisis.

The brokerage firm processed a number of securities transactions that facilitated conversions of foreign currency from or into U.S. dollars, FINRA claimed.

Karen Wimbish will lead teams responsible for investment and banking product offerings as well as planning platforms and product technology across all client segments.

The bank hired its first chief investment officer seven months after recruiting the former leader of a family office to a new post as national head of investments.

The regulator is concerned that Wells Fargo did not follow proper procedures in notifying former reps of their U5 filings and that the information contained in them was not correct.

The bank tapped a former State Street executive to take over the role from Terry Dolan, who was promoted to CFO.

The regulator was looking into allegations that he structured transactions in his personal bank account to avoid federal reporting requirements.

The sales mix for the wealth management business is shifting from commission-based to more fee-based products, which hurts revenue in the short term.

A well-rounded approach wins the day with the annual advisor ranking. No one-trick ponies allowed, as multiple metrics count toward advisors' scores, including AUM, production, growth and fee business.