Industry

David Paterson, who was the Empire State's top executive from 2008 to 2010, has joined a group that includes former wide receiver Wayne Chrebet.

The California credit union teamed up with Golden State Wealth Management to provide financial advisory services to its 28,000 members.

Net revenues fell 2% in the second quarter compared to a year ago, according to the firm.

Wells Fargo's independent arm landed seven recruits in its latest efforts to add more than the 102 advisers recruited from competitors last year.

The turn to an outsider marks the latest twist in a struggle to regain footing after a steep decline.

No financial solution can gain momentum without the collaboration of technology and human capital. But robos are only one small part of this equation.

In his underdog bid in North Carolina, Andy Millard says he's fighting big Wall Street money: "The financial consumer is not well represented in Congress."

The recuits joined the wirehouse from Deutsche Bank, which is selling its U.S. Private Client Services unit to Raymond James.

The regional BD also recruited a complex manager from J.P. Morgan.

Thomas Dicker will oversee the firm's 38 U.S. wealth offices and will be responsible for driving growth.