Raymond James' Wealth Group Boosts Profits 56%
The number of advisors jumps 451 from a year ago to nearly 7,300.
Fidelity Clearing to Partner With Goldman, US Bank; Expand Loans to Wealth Clients
RIAs, broker-dealers and family offices will be able to offer securities-based loans of up to $25 million through the program.
Wells Fargo FiNet Adds 2 Merrill Teams in California: Recruiting Roundup
As the bank's recent data leak grabs headlines, Dynasty Financial brings on one of its former reps and staff.
$2M Wells Fargo Team Moves to Janney
The recruiting news comes just days after a scathing report about the bank's release of private information on 50,000 clients and advisors.
Wells Fargo Data Fiasco Raises Red Flags, Demands Serious Change: Lawyer
Other bank observers point to the multiple problems exposed by the recent leak of private data of 50,000 clients and advisors.
Wells Fargo Reps: Data Leak Is the ‘Last Straw’
A recruiter describes the reactions he is getting from some wealth managers on the first business day after the news broke.
Wells Fargo Must Rehire Fake-Accounts Whistleblower, Pay $577K
Department of Labor made the decision Friday, when private info on 50,000 clients and advisors was released.
Wells Fargo Shares Private Info on 50,000 Clients and Advisors: Report
The data release includes clients' portfolio and asset information, as well as FA compensation and client lists, according to The New York Times.
Ameriprise Adds $463M Employee Team From Merrill Lynch
The three new advisors are based in Northern California and come on board with four other professionals.
Schwab’s Robo-Related Assets Surge to $19.4B in Q2
Meanwhile, TD Ameritrade says its total client assets jumped 20% from last year.