HighTower Adds $500M Group From UBS, Merrill: Recruiting Roundup
RBC gets all-female UBS team, LPL attracts hybrid group, Cetera shares board news, and Wells Fargo promotes execs.
Prudential Hires HR Chief
Lucien Alziari spent eight years as head of human resources at Avon.
Trump Tax Proposal to Include Estate Tax Repeal
Gary Cohn says the proposal will keep charitable giving and retirement savings incentives.
Senate Votes to Advance Acosta as Labor Secretary
The Senate voted Wednesday to end debate on Acosta’s nomination and move to a vote.
White House Unveils Trump’s First Tax-Cut Bid, Corporate Rate of 15%
Tax plan calls for shift to territorial system for companies; top individual tax rate would be cut to 35% from 39.6%.
Personal Capital Has a New CEO
Bill Harris, who founded the firm, steps down but remains chairman, as Personal Capital’s COO takes over as CEO.
House Dems Blast Financial Choice Act, Call for Another Hearing
Democrats requested an additional hearing before the May 2 markup of Rep. Jeb Hensarling's Dodd-Frank replacement.
Government Shutdown Talks Stall as Trump Balks on ACA Subsidy
Cost-sharing reduction subsidy payments could end in May, a Democratic aide said.
Freedom Caucus Endorses GOP Health Bill, Reviving Its Chances
Some say the changes will weaken support from centrist Republicans in the House and Senate.
‘No Evidence’ DOL Rule Is Hurting Recruiting: Raymond James
Though Morgan Stanley says the fiduciary standard is slowing advisor movement, the independent advisor group begs to differ.