Private banks

The two advisors have already transferred about $160 million in client assets, according to their former employer.

Christopher Rollins worked for Goldman Sachs for 16 years and rose to be a managing director before the firm fired him in February 2017.

UBS wades into relative-value strategies with short-term structured notes

In an era of extreme affluence, elite money managers are vying for the hyper-rich as never before.

Most say they’d still consider investing even if they discovered issues with sexual harassment.

Despite leaving the Broker Protocol, UBS continues to selectively recruit high-end teams.

The unit will provide specialized services for private banking, international and institutional clients."

The new hire is part of the bank's push to expand the wealth management business.

The advisers once oversaw approximately $750 million in client assets, according to Barron's.

Karen Dixon will oversee private wealth management services in Texas.

Tom Scaturro will lead Key Private Bank market teams in Florida and the Hudson Valley/metro New York region.

Over 50 advisers have now joined the independent firm, which is affiliated with Raymond James.

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

The recruit joined the bank’s private wealth management division after 14 years with the wirehouse.

One of the bank's new recruits comes from the wirehouse's elite Private Banking & Investment Group, which serves ultrawealthy clients.

The advisory business ended the year on a strong note, boosted by growth in net interest income, which rose 14% year-over-year.

The bank hired its first chief investment officer seven months after recruiting the former leader of a family office to a new post as national head of investments.

Former Department of Labor officials allege systemic breakdown of whistleblower protection; two also handled Wells Fargo cases that went nowhere.

The recording casts doubt on the CFP Board's claim that all CFPs are fiduciaries.

The regulator has filed a complaint against whistleblower Johnny Burris, who has filed multiple cases against one of its largest member firms, JPMorgan.