Bank Advisor

Rich clients, low trust: Here’s how financial advisors can help them warm up faster.

The advisor told the client that she could pre-pay her advisory account fees at a discount by writing him a $7,400 check, FINRA claimed.

Because next year will be too late.

J.P. Morgan hired 160 brokers last fiscal year, and it’s not slowing down in 2018.

Dean Mustaphalli "deceived the clients that trusted him," New York Attorney General Barbara Underwood said.

Wealth management allows veterans the chance to help each other in a meaningful way.

"I'm not right for you," along with other surprising things I tell clients.

How can the industry find organic growth again? And where will the next generation of advisors come from? Bill Willis tackles both challenges, and discusses how they will affect compensation, as we elaborate on the issues discussed at our Recruiters Roundtable.

The bank subjected the advisor to disparate treatment and made conditions so intolerable that he had no choice but to leave, the advisor claimed in a lawsuit.

The advisor is the latest to join the high-end wealth manager.

Mixing business and friendship can lead to stronger relationships, but only if you proceed with care.

At least 14 executives have accepted posts this year leading wealth management and related investment services groups at several financial institutions, including HSBC, PNC Bank and Wilmington Trust. Find out who they are and what their new roles entail.

When a prospective client asks, "So, what do you do?" you have 30 seconds to make a great impression. Here's how to respond.

The Ponzi-like scheme used investor funds to pay other investors’ debts and cover personal expenses.

The advisor convinced the couple to transfer their retirement savings, but they claim the money never made it to their accounts. Their attorneys say there are other victims.

The firm incorrectly coded her payout at the institutional rate, a mistake that impeded her ability to move up the pay grid and attain bonuses, she alleges.

The advisor fooled her victims into thinking she would invest their funds when in fact she used the money to buy luxury items and real estate, prosecutors claim.

The advisor, a former employee, has been soliciting more than two dozen clients at the bank, JPMorgan says.

In addition to winning a $25,000 award, ex-J.P. Morgan rep Mihail Naumovski was able to expunge erroneous information on his Form U5 that he violated investment-related regulations.

The firm falsely claimed on his Form U5 that he deliberately changed a customer’s address from California to New Hampshire to facilitate the sale of an annuity, the broker alleged.