CFPB Orders Amex Units to Repay $85M on Illegal Practices
The CFPB says the companies violated consumer protection laws “at every stage” that ranged from marketing practices to enrollment, payment and debt collection.
New Hire Roundup: TD Ameritrade Institutional Adds Dario
Also this week in new hires, Joseph Nader joined Wescott Financial Advisory Group; Will Proctor went to a new spot at Neuberger Berman; and more.
New Hire Roundup: Armstrong Named Wealth Dynamics Coach at Ascent
This week in new hires, Helen Zhou became managing director of private banking for the Private Client Reserve of U.S. Bank in San Francisco, and Ryan Kaufman has become a registered representative with Securities America.
Raymond James, LPL Add Morgan Stanley Advisors as MSSB Grabs Wells Team
Two teams leave Morgan Stanley to go independent, while another chooses to keep its employee status.
Greater Female Representation Pays Off for the Financial Services Industry
We’re in a relationship business and women are good at relationships; so it should come as no surprise that, when given the opportunity, women succeed at all levels of the financial services industry.
New Hire Roundup: Bowen Is Acting Chair at SIPC; Pologe Goes to Genworth
This week in new hires, Genworth welcomed David Pologe and David Ford joined Securities America.
Gahler Investment Group, David Ford Join Securities America
Securities America announced Tuesday that it has recruited three new advisors to its ranks from Investment Centers of America.
Top 7 TV Advertising Slogans by Financial Firms
As John Houseman intoned in the iconic TV commercials, Smith Barney earns its money, albeit now as a Morgan Stanley underling. No one can really listen when E.F. Hutton speaks any longer, since they've been subsumed. AdvisorOne rounds up a collection of its favorite ads.
New Hire Roundup: Oliner, Kleinke Join AEI; Bozek Advances at Prudential
This week in new hires, Stephen Oliner and JD Kleinke went to AEI; Joan Bozek was promoted at Prudential Retirement; Steven McKay and Joseph Kaplan went to Putnam Investments.
Holiday Sales Estimates Revised Up
Thanks to the happy circumstance of a legal holiday the day after Christmas, retailers are hoping that Monday will turn out to contribute to record holiday sales for 2011.