$700M Morgan Stanley Team Moves to Raymond James Indie Group
Steward Partners opens a new office in Florida with six breakaway brokers that have nearly $6 million in annual fees and commissions.
Fidelity Posts 20% Profit Increase on Modest Revenue Growth in 2016
"Careful cost management" provided $3.5 billion in operating income for the year on a 3.4% rise in revenue to $15.9 billion.
Raymond James Names Top Branch, Complex Managers
The two honored professionals were picked from more than 240 candidates in the employee-advisor channel.
California Regulators Check 1% of BDs, Investment Advisor Firms: Report
Less than 270 exams took place in the 2015-16 fiscal year, according to the state's Department of Business Oversight.
First Republic, FiNet Grab Reps From Rivals
A UBS advisor moves firms in SoCal, while two registered reps with LPL and Edward Jones join Wells Fargo Financial Network.
LPL Fined $900K Over Failure to Send 1.6M Notices to Clients
The information should have been sent to investors whose accounts were tied to suitability notices over a seven-year period.
Texas Securities Firm Expelled, Fined $24.6M Over Fraudulent Energy Deals
'Wildcat’ and other investments reaped Red River and its CEO some $3.6 million, but investors lost most of their money.
Valentine's Day Gifts at a Sweet Price Point: LPL
The IBD looks at trends affecting the costs of the most popular gifts for Feb. 14. Overall, prices rose slower than inflation.
Raymond James Adds $5M Morgan Stanley Team
The four advisors switch firms with about $460 million in assets in Mt. Laurel, New Jersey.
Sen. Warren Wants to Know What Role Goldman Played in Trump Exec Orders
With Goldman stock up almost 20% in the past three months, Democratic senators say the new president is "good for Wall Street but bad for Americans."