Bank channel

The broker-dealer failed to supervise Infinex registered reps selling annuities and other products to seniors and other investors at local banks.

The bank's wealth management businesses earned $205 million on $720 million in revenue in the second quarter.

“It’s not about us getting to them. It’s about them getting to us,” Daniel Darst, chief marketing officer for People’s United Bank, said of client marketing.

The regulator barred an ex-Wells Fargo advisor for fooling the bank into reimbursing him for $3,400 after he falsely claimed that he was the victim of fraud.

The advisor defrauded some 60 victims by using their money to pay off earlier investors, fund his own speculative trading and pay his personal expenses, the SEC claims.

The bank recruited a former executive from Vanderbilt University’s investment office to assume a newly created post directing its third-party manager research efforts.

We took a fresh look at our most recent Top 100 Bank Advisors and re-ranked them based solely on their annual production figures. Here are the top 25.

Community Bank & Trust of Florida switched its program after a 16-year relationship with Invest Financial.

One JPMorgan client thought it was “odd and weird” that the advisor called during the Memorial Day holiday, on behalf of Merrill Lynch.

Such a move would also coincide with efforts to cut costs in the bank's wealth management business by $600 million by 2020.

The former J.P. Morgan wealth executive will replace Don Heberle, who left his post at the end of March.

While such an act may seem like career suicide, it can in fact be a move to do just the opposite, according to attorneys.

The new platform aims to scoop up mass-market clients with just $5,000 in investable assets.

The team joins a slew of others leaving the troubled bank, but says it’s running to SunTrust more than running away from Wells Fargo.

The New Jersey bank moved its investment services program after an 11-year relationship with Cetera.

The reps join a slew of others who chose not to cooperate with FINRA investigations — at least 21 since 2017 — and therefore agreed to an automatic ban.

The firm provided some 82,400 initial and annual privacy notices to customers that were not compliant and in some cases provided no notices at all, FINRA claimed.

At least 14 executives have accepted posts this year leading wealth management and related investment services groups at several financial institutions, including HSBC, PNC Bank and Wilmington Trust. Find out who they are and what their new roles entail.

It's been a tough year for bank wealth management, but these bosses kept their advisors on track and boosted business along the way.

Here we present the program managers who topped the list in each metric used to determine the main Top 25 ranking.