Financial institutions

The former Wells Fargo executive will command a team of 10 local private bankers in the Hudson Valley and metro New York market.

Keith Rowling ranked No. 2 on the 2016 list of the industry's top young producers.

The wirehouse has already paid $415 million in fines and disgorged profits in a settlement.

The ex-wirehouse advisers are partnering with Stanley Hochhauser, an industry veteran of more than 50 years.

The decision also affects David Carroll, who leads wealth and investment management, according to the firm.

Andy Sieg says the firm's digital wealth and mobile app investments are "a key strategic story."

Wirehouse brokers and teams from Kestra and MSI Financial led the way in a flurry of hires.

Morgan Stanley is in “advanced discussions” with the IRS to resolve any client tax underpayments, according to an SEC filing.

Andy Sieg, head of the firm, says that "operational changes" are possible if the rule is delayed or overturned.

The latest developments make columnist Bob Veres wonder whether he has fallen through a wormhole.