Wells Fargo Advisors Financial Network

“Overall there were not many positive data points to hang your hat on,” according to analysts. Advisor headcount, net interest income and assets were down.

The newly independent advisor oversaw $92 million in client assets.

More than 300 reps have switched BDs so far this year, with LPL and Cambridge Investment Research completing the two largest grabs.

Nearly everything fell during the difficult first quarter: net income, advisory assets, IRA assets, and advisor headcount.

Both recruits had a long history with wirehouses before trading them in for the regional broker-dealer.

The bank failed to implement its own supervisory procedures around single-inverse ETFs, costing clients millions, the SEC says.

The arbitrators based their ruling “on the defamatory nature of the information.”

The bank continues to struggle with attrition due to scandals, regulatory scrutiny and a graying workforce.

Some advisors may see their pay rise in 2020.

The bank has lost a net 1,300 advisors since a fake accounts scandal came to light three years ago.

The new recruits come from Merrill Lynch and Stifel, with $165 million in total client assets.

One team wanted more flexibility and time to manage their clients’ financial needs.

The beleaguered bank has suffered from attrition since a fake accounts scandal rocked the firm in 2016.

Headcount is down more than 1,250 since a fake accounts scandal came to light in 2016.

The bank is targeting advisors with $100 million or more in assets.

An analyst expects “solid” recruiting figures for the fourth quarter after the No. 1 IBD added the five-advisor group plus an ex-Raymond James bank program.

Investigators say the onetime FiNet branch manager preyed on “particularly vulnerable” clients, including several with dementia.

The company has its incentives, but here’s what could be waiting for advisors.

The firm will test markets in a few cities next year in a bid to keep pace with a shifting wealth management landscape.

The firm has seen a number of planners exit in recent months.