Morgan Stanley, Raymond James Add $1M-Plus Reps, Team
Baird hires a branch manager from Wells Fargo in Philadelphia.
Andrew Madoff, Convicted Conman’s Last Surviving Son, Dies at 48
He died Tuesday at Memorial Sloan Kettering Cancer Center in New York after battling mantle cell lymphoma, his attorney told Bloomberg.
Frustrated States Push to Fill Small-Business Retirement Gap
Seventeen states are at some stage of legislating state-administered plans that hope to deliver retirement plan access to small employers.
Boomer Mortgage Debt Could Dampen Economy
A growing number of homeowners are reaching retirement age still owing money on their houses, causing a squeeze on other spending.
Wells Fargo, U.S. Trust, Raymond James Add Teams From Rivals
Plus, a wealth group of five advisors affilates with LPL Financial in Wisconsin.
Wells Fargo, Raymond James Recruit Teams; LPL Adds 13 Reps
Plus, HighTower and NFP add separate retirement plan groups to their operations as partners.
New Hire Roundup: Piccone to Lead SEC Exam Program in Denver
In other personnel moves, WBI promoted Matt Woehnker, and David Brierwood joins the Preqin board.
SEC, FINRA Enforcement: Reps Sold ETFs They Didn’t Understand
In other enforcement news, the SEC charged an energy firm and a stock promoter with defrauding investors about its oil reserves.
SEC: House Insider Probe Involves Dozens of Funds, Firms
The SEC investigation of the House Ways and Means Committee involves some of the biggest advisors and hedge fund firms in the U.S.
Social Security, Retirement Savings Would Benefit From Closing Gender Pay Gap
Closing the gender pay gap would have a direct effect on women’s Social Security benefits and ability to save for retirement, Social Security Works finds.