Regional banks

Three industry veterans with 80 years combined experience have joined Raymond James in Fort Lauderdale, Fla.

Many Americans are in the dark about stock market performance in 2012, according to an Edward Jones survey.

The Securities and Exchange Commission has initiated cease-and-desist proceedings against the former board members of five registered investment firms, alleging that they failed to maintain appropriate fair-market valuations of debt securities that comprised a substantial portion of the companies' portfolio.

Baird's director of estate planning reminds clients that just because they can make large tax-free gifts this year, doesn’t mean they should.

Royal Bank of Canada, the first Canadian lender to report fourth-quarter results, said profit rose 22 percent on higher trading and investment-banking fees, beating analysts’ estimates.

Treasury Secretary Timothy Geithner offered Republican House Speaker John Boehner a proposal to avert an end-of-the-year fiscal cliff that would trade $1.6 trillion in tax increases for $400 billion in unspecified entitlement program cuts, a Republican aide said.

An industry veteran with over three decades of experience, John Dorsey will open a new branch office in W.V.

Long-time advisors Bill Duncan and Ziv Ohel joined Ameriprise in Deerfield, Ill.

Morgan Keegan & Co. is going to trial before a judge whose decision to throw out regulators’ claims the retail brokerage misled thousands of investors about the risks of auction-rate securities was reversed on appeal.

Robert W. Baird & Co. has hired veteran financial advisor Baron C. Becker from Morgan Stanley Wealth Management in Portland, Maine.

Wells Fargo has extended its summer hiring spree with 24 new financial advisor hires managing a total of $2.2 billion in assets.

The firm has added a team with over $500 million in production to its southern California offices.

A career advisor with three-and-a-half decades of experience, Karl Rothermund has left Morgan Stanley for Raymond James in Scottsdale, Ariz.

The firm has hired Harold Langer, a three-decade industry veteran, to be senior vice president at the Tucson branch.

After a $1.9 million loss in the fourth quarter, Southwest Securities' retail group reeled in a $319,000 profit for the first quarter of its fiscal year.

Industry veteran Nicolas Seigal joins RBC’s international wealth unit as branch manager in Miami.

Net income in Stifel’s wealth management division rose almost a quarter from last year as the firm announced it had purchased KBW for $575 million.

The new hires join eight of Barclays’ offices in the U.S. from firms including Bank of America Merrill Lynch, Credit Suisse, J.P. Morgan Private Bank, Morgan Stanley Wealth Management, SunTrust Investment Services and UBS Financial Services.

HighTower has gotten a big boost by working with independents. Can it keep up the momentum?

The firm has focused on making sure that its advisors in impacted areas are able to continue functioning normally.