Regional banks

Brokers who hold investors’ assets will have to file quarterly reports attesting to compliance with measures toprotect customer money and securities under rules adopted by the U.S. Securities and Exchange Commission.

Mike Boosel of Baird turned a part-time teaching gig, helping seniors learn about retirement planning, into a lucrative source of clients.

Ameriprise’s wealth management earnings rose 37% as its fee-based businesses continued to drive up results in 2Q.

Ameriprise Financial has hired three financial advisors from UBS, Raymond James Morgan Keegan, and HSBC.

With a new branch manager, the St. Petersburg, Fla.-based firm forays into an increasingly competitive Seattle market.

In an effort to expand its presence in northern New Jersey, RBC Wealth Management has added the Levy Tebeleff Group, formerly of Morgan Stanley, to its Parsippany office.

Michael Brannam and Patrick Brannam will join the firm’s Jacksonville, Fla., branch, where they will be equal partners of Brannan Wealth Management of Raymond James.

Baird has been on a hiring spree in an attempt to bolster the retirement planning services it offers to oil and gas industry professionals in Texas.

A Philadelphia district court handed down a $100,000 fine and six-month prison sentence for allegedly unlawful trades.

A trio of advisors from Wells Fargo, RBC and Morgan Stanley have joined Stifel.

Just days after luring another Morgan Stanley advisor, Stifel announced the hiring of longtime Morgan Stanley veteran Richard Linnihan.

Wedbush picked up a legacy Morgan Keegan advisor in Texas.

The companies announced an agreement to merge Acacia into Stifel Bank and Trust, the investment bank and brokerage's $3.9 billion-asset bank. The terms were not disclosed.

Once lost, a reputation is hard to regain, and it’s costing financial services companies hundreds of millions in sales.

Stifel has picked up a former Morgan Stanley advisor who oversaw $374 million in assets.

Benjamin Edwards has added offices in Canton, Ohio and Abilene, Kansas., growing the firm to 33 branches in 17 states.

Janney has hired Neil McCauley from Wells Fargo with $98 million in assets under management.

Financial institutions should develop distinct service offerings for young investors that speak to them at their life stage.

Raymond James announced Wednesday it hired Claire Friedrichs as first vice president of investments.

The San Francisco-based regional bank says it plans to add as many as 100 people to the team over the next two years.