Wells Fargo Advisors

David Safarian is the latest wirehouse advisor to join the regional broker-dealer.

The advisor allegedly tried to help keep a penny stock's price above $2 per share, amassing nearly 630,000 shares himself.

The regional firm's new hires joined from FSC Securities, Morgan Stanley and Wells Fargo.

The advisors join the regional BD’s offices in Chicago and Nashville, Tennessee.

The firm, which has faced racial discrimination allegations, is trying an alternative approach suggested by a professor at Harvard.

One of the new hires cited the regional firm's financial planning expertise as a reason he made the move.

One of the regional firm's new hires had a previous career as a minister in Louisiana.

The regional firm has been a recruiting tear, picking up a number of ex-wirehouse teams.

Aaron Parthemer misrepresented investments to his pro athlete clients, the regulator claims.

In the last month, RBC has hired six teams from wirehouses and other regional firms.

The new hires are the latest recruits to join the regional firm.

The rep ignored FINRA's repeated requests for documents it needed to investigate allegations that she made inaccurate statements on a mortgage gift letter.

Shelley Steuer Freeman, the bank's former Los Angeles regional president and head of Consumer Credit Solutions, was barred for refusing to provide FINRA with documents it requested.

The violations ranged from the improper reuse of signed customer forms to the execution of discretionary transactions without written authorization.

Regulators are contacting the bank after financial details of some 50,000 clients were inadvertently sent to an outside party, according to a person with knowledge of the matter.

Social Security numbers and portfolio information for some high-net-worth clients and advisors was provided inadvertently as part of a lawsuit.

The four advisers joined the more than 500 lost by the wirehouse in the last nine months.

Rising markets boosted revenues for wealth- and asset-management arms at the largest U.S. banks to $18.4 billion in the second quarter, according to data compiled by Bloomberg.

The new complex manager will oversee 43 advisers at the regional brokerage.

The two advisers bolted in a quarter that saw their ex-firm lose 130 advisers.