Financial institutions

Two veteran industry recruiters discuss the appeal of going independent.

Alejandro Ariel Torres allegedly cheated a customer out of nearly $60,000 in a start-up scheme that purportedly made the client a 50/50 partner. Torres was ordered to make the customer whole.

The revised proposal would require brokers to disclose to clients the compensation they receive when jumping to a new firm.

Rose Cohen will join Citi in August as managing director and ultrahigh-net-worth team lead in Washington, D.C.

Richard Ketchum voices support for SEC to move on a uniform fiduciary standard for brokers and advisors, while warning of unintended consequences from DoL's proposal.

The wirehouse advisor moved to the independent channel at Wells Fargo.

One of the recruits oversaw nearly $210 million in AUM and had $1 million in annual production before making the move.

According to a survey of these elite leaders, wealth managers are leaving for more intimate work environments, and more will be making a move.

Johnny Dawson explains how the values he learned while serving his country guide the way he serves clients today.

A group with $4 million in production moved between the wirehouses, saying it wanted access to the banking and lending capabilities at Bank of America.

The former Southwest Securities team had overseen $225 million in assets at the time of their departure.

King Financial Network president says the team went private for better accessibility and technology.

The vast majority of Americans cannot afford to send their children to college, finds Edward Jones' fourth annual 529 Plan Awareness Survey. Here's how to help your clients.

Independent advisors are bucking the broader trend and going to work for wirehouses and regional firms, ditching managerial tasks for simplicity and payoff.

Advisors with 25 years of combined experience leave the wirehouse for the broker-dealer's private client group.

A team with more than 35 years of combined industry experience leaves the wirehouse for the regional broker-dealer.

Two veterans left the wirehouse this week for different firms, including Janney Montgomery Scott.

The firm said pretax profits for its global advisory business rose 24% from the year ago period.

Four advisors made the move between the wirehouses.

Two advisors left the wirehouse where they generated more than $1.1 million in annual revenues.