Industry

The wirehouse's latest hire also had previously worked two decades at Morgan Stanley, On Wall Street reports exclusively.

The recruit comes from BB&T Scott & Stringfellow, and was previously at Morgan Stanley, according to this On Wall Street exclusive report.

BlackRock named Salim Ramji head of its U.S. wealth advisory business, succeeding Frank Porcelli, as the world’s biggest asset manager pushes to attract more retail clients.

The accused broker worked at Oppenheimer & Co. when the scheme began in 2009.

Two advisors who oversaw more than $220 million in client assets have switched wirehouses.

The former wirehouse advisor declined to participate in the arbitration case filed against her by the firm.

The new recruits opened a new office for Raymond James & Associates, the firm said.

The Canadian-owned brokerage firm promoted a branch manager with 16 years of industry experience.

Panel envisions a recognizable credential that would help investors distinguish between financial professionals committed to clients' best interest and those pushing products.

Chief Executive Bill Harris says data alone is not enough for financial advice.