Bank Advisor

The stolen funds went to pay for his daughter’s college expenses and to reimburse other clients, according to federal prosecutors.

The two declined to cooperate with investigations into allegations that they engaged in undisclosed outside business ventures.

The former Edward Jones broker wanted to get back at his competitor for stealing a client.

A working financial planner assumes leadership of the board as its influence in Washington and nationwide hits a high mark.

The advisor claimed the bank placed a slanderous statement in his form U5, preventing him from finding a new job.

The rep used his own money to pay the customer the interest she expected on a brokered certificate of deposit.

The duo recommended an investment strategy that was overly concentrated in four speculative equity securities to more than 50 customers, FINRA alleged.

Which banks and credit unions are advisors moving to? Eight recently jumped to Union Bank, Wilmington Trust and other institutions from J.P. Morgan Chase, PNC Bank, Wells Fargo and City National Bank, among others.

The 22 million Gen X and Gen Y clients banking with Wells are a competitive advantage for its digital advice platform, executives say.

Clients can enjoy their later years without the worries of work, but will also lose the additional earnings.

The rep used an unauthorized ATM card to withdraw $1,000 from a bank customer's account, FINRA claimed.

The regulator claimed he sold $2.63 million in equity-indexed annuities without disclosing the business to his employer, U.S. Bancorp Investments.

Finding success has gotten a lot harder for young advisors today, says Raymond James Complex Manager Tony Barrett.

When experienced advisors mentor new planners, they transform the profession in the process.

The advisor targeted clients he obtained at Social Security seminars, according to prosecutors.

The rep purportedly received an email from the impostor requesting that she sell securities to fund the wire request to a third-party in the United Kingdom.

The broker declined to appear for on-the-record testimony regarding expense reimbursements that SunTrust alleged were not valid expenses, according to FINRA.

A different regulatory landscape is encouraging brokers to reconsider their options.

The broker recommended that a recently retired couple invest $135,000 in a non-investment grade municipal bond intended only for sale to institutional buyers.

Thomas Fickinger managed over 1,350 advisors generating $1.5 billion in revenue in 2016.