Financial institutions

The move marks the firm's second hire in the past week.

The former underdog is settling into its role as one of Wall Street's more well-balanced firms.

Wealth management has “only increased in relevance as it’s continued to grow,” CFO Jon Pruzan said.

The advisor transferred funds from his sibling's Wells Fargo accounts and deposited them into a jointly owned account that he used to pay off credit card debts and fund home improvements, FINRA claimed.

They were previously part of a team that oversaw $2 billion in assets.

Fourth-quarter profits ticked up a modest 1% year-over-year to $659 million even as number of advisors dropped 2%.

The firm has appointed company veteran Doug Brigman to run the Tampa Bay complex.

Complaints lodged against the firm through Dec. 15 dropped 18% from the same period of 2016, federal figures show.

Brokerages have broken ranks in recent weeks over whether to facilitate clients’ bets on bitcoin amid widespread concern that it’s a bubble or that the cryptocurrency’s price is potentially susceptible to manipulation.

Wells Fargo, Merrill Lynch, UBS and Morgan Stanley all lost talent in 2017.

The bank, which has about 1,000 financial advisors and relationship managers in the U.S, will drop the agreement on January 8.

The firm has been driving its expansion, pulling in talent from its competition.

Concerned about the wirehouse's "trajectory," Glen D. Smith sought out a business model his kids could join one day.

The pair was drawn to the firm’s “similarly aligned” culture.

The Landmark Group ditched the large firm for Fieldpoint Private, a boutique firm with 28 advisors.

The alleged failures stretched over a two year period, according to the regulator.

The widow argued that her advisor failed to confer with her about the investment strategy he and her late husband developed prior to her husband's sudden death.

Advisors are jumping to firms with established infrastructure.

The broker engaged the client in 11 private securities transactions involving private equity and debt securities in companies spanning a wide variety of industries, FINRA alleged.

The seven new hires joined both the independent and employee channels.