Financial institutions

Strengthened legal language recently added to bonus agreements will be removed, according to people familiar with the matter.

The Raymond James affiliated firm has been aggressively recruiting from wirehouses in recent months.

The brokers previously worked at Wells Fargo, which has suffered from attrition to smaller rivals over the past year.

A recent scam involved a fake signature from FINRA CEO Robert Cook.

The move is the latest in trend of advisors leaving wirehouses for smaller firms.

Ameriprise is looking to reverse a decline in its headcount.

The San Francisco-based firm is the third major U.S. bank in recent weeks to change its policies on pay transparency.

Reforms obtained by settlements of past class-action suits have "utterly failed," the new lawsuit contends.

This is the second time in recent weeks that the firm has poached talent from the wirehouse.

The four-member group previously generated about $2.5 million in annual revenue.

The bank is removing hurdles to employee advisors switching channels among other recent initiatives.

The advisor was drawn to the regional BD’s small culture.

The planner wasn’t happy with the direction his former firm was pushing its advisors.

Morgan Stanley and one of its advisors were ordered to return the entrepreneur's investment in two private placement funds totaling $536,000 and pay him $37,500 in compensatory damages.

The company merged its U.S. and international wealth management businesses to gain greater scale and efficiency.

Advisors such as Greg Hersch have long found professional fulfillment by leaving wirehouses to start their own firms. But will they soon find that path cut off?

The firm sought to clarify circumstances surrounding the departure last month of former Congressman Harold Ford Jr.

Headcount is down by 200 compared to a year-ago.

CEO is right to resist the temptation of a more drastic overhaul.

Coming off a strong recruiting year, Steward Partners has enticed three more Wells Fargo brokers.