Enforcement Roundup: FINRA Fines Morgan Stanley for Failures to Supervise Advisor Program
In other action, Massachusetts charges couple with fraud in real estate ventures.
Ex-UBS Intern Sues for $5M Over Sexual Harassment, Discrimination
Young woman says her advisor boss promised her purses and shoes as “a bonus” for sexual favors.
12 Best & Worst Broker-Dealers: Q2 Earnings, 2014
Some of Wall Street’s major players still struggle with litigation expenses; many are finding ways to further boost their wealth results.
Wells Fargo, U.S. Trust, Raymond James Add Teams From Rivals
Plus, a wealth group of five advisors affilates with LPL Financial in Wisconsin.
Battered Morgan Stanley Breakaway Advisor Fights Back
Breakaway advisor James Eastman tells ThinkAdvisor how Morgan Stanley read his email and “painted” his compliance record when he tried to leave.
Morgan Stanley Wealth Earnings Up, but Merrill Stays Ahead in Q2
Despite Gorman’s push, the Morgan unit still has room for improvement on some fronts compared to its main rival, Merrill.
FINRA Fines Morgan Stanley $5M Over IPO Share Sales
FINRA said Morgan Stanley had “supervisory failures” in initial public offerings for Facebook, Yelp and 81 others.
New Hire Roundup: American College Names Linda Need Board Chairwoman
Also this week, Hy Saporta was named COO of Steward Partners Global Advisory, and a former top Boehner staffer joined the Bipartisan Policy Center.
13 Best & Worst Broker-Dealers: Q3 Earnings, 2013
Some of the largest companies turn in unexpectedly weak results, with one BD reporting its first loss under its star CEO.
Hall of Fame Winners to Date
The full listing of Research Hall of Fame Winners through 2013.