Practice

The firm is preparing for the fiduciary rule and contesting a lawsuit alleging that Raymond James allowed a $350 million fraud to be perpetuated.

The recruit generated $2 million in annual production, according to Merrill.

The bank has made no secret that it planned to put more pressure on vendors.

One barred broker borrowed funds from clients without approval, according to FINRA.

The move to reintroduce legislation that seeks to adjust the cap on Social Security wages and to raise the payroll tax is a step in the right direction in fixing the program's solvency woes, says expert.

Moving investments into these accounts may optimize returns and boost savings. Plus, know your IRAs and the impact of Trump's proposals on income brackets.

The wirehouse's new hires oversaw $466 million in client assets, according to a spokesman.

The new recruits joined the firm's independent and employee channels.

A revenue boost for the firm's asset-management unit is key and could play a role in raising capital that's been eroded by misconduct charges.

Firms seeking to adapt need to keep these four points in mind.