Recruiting Roundup: Raymond James Adds $7B Retirement Plan Team
Next Retirement Solutions has moved from Wells Fargo to Raymond James' indie unit; meanwhile, Wells Fargo has added 7 indie advisors.
Top Portfolio Products: ARK Launches 3D Printing ETF
The PRNT ETF tracks the Total 3D-Printing Index, which includes 40 stocks in 3D printing and related businesses such as computer-aided design.
Enforcement: Raymond James Fined $1.45M in Vermont Immigrant Visa Case
In another action, the New Jersey Bureau of Securities revoked a broker's registration after it found that he manipulated bond trades.
Recruiting Roundup: RBC Wealth Adds 2 Teams From Rivals
Meanwhile, Cetera, Deutsche Bank and Snowden Lane say they have picked up new advisors as well.
Top Portfolio Products: Management Changes at Vanguard, Touchstone Funds
Check out this week's fund management changes and ETF launches, including new sustainable investing funds.
Enforcement: Citigroup Fined $7M Over Incomplete Blue Sheets
In another action, Goldman Sachs was censured by FINRA and fined in two separate cases.
Recruiting Roundup: Dynasty Adds Group From Lebenthal
Meanwhile, several wirehouse reps help form a new RIA in Cleveland; Betterment adds a CFO and hits $5 billion in AUM.
10 Best Cities for Millennials to Live
Taking into account job opportunities, access to nightlife, affordable housing and cost of living, these 10 locales are where millennials should look to live.
Top Portfolio Products: Morningstar Adds Global Risk Model
Morningstar's risk model evaluates more more than 40,000 stocks and 10,000 equity funds to help investors understand potential risks and returns.
FINRA Enforcement: RBC Failed to Report Reps' Wage Garnishments
Meanwhile, New York-based Jefferies was censured and fined on TRACE execution time reporting failures.