SEC, FINRA, CFPB Enforcement: BofA Busted for Illegal Credit Card Practices
In other actions, Hewlett-Packard will have to pay $108 million to settle SEC and DOJ charges of FCPA violations.
Best Full-Service Investment Firms Ranked by Investors: J.D. Power — 2014
Overall satisfaction rose, but the four wirehouses rank below the industry average.
The Clearing Industry’s New Powers
From fighting fraud to revamping recruiting, clearers are more engaged than ever.
Looming Advisor Shortage Demands New Training Approach
Steve Johnson and other talent mavens aim to change training of millennials, who respond to different methods than prior generations.
New Hire Roundup: NAPA Announces New President
Also in new hires, Jeffrey Boujoukos was named by SEC as assistant regional director in Philadelphia.
Raymond James Helps $1.1M Merrill Team Go Indie
Baird adds a branch manager from RBC, and the Retirement Benefits Group welcomes an ex-LPL Financial advisor.
Raymond James Adds Teams From Morgan Stanley, Wells Fargo
Meanwhile, LPL Financial says a credit union with $317 million in wealth-management client assets is now affiliated with the IBD.
New Hire Roundup: Charlson to Head Morningstar Alternative Funds Research
Meanwhile, the American Benefits Council names new board members and officers, and CFPB adds experts to senior posts.
Raymond James Grabs $4.2M Advisors; Morgan Stanley Adds $4.5M Teams
Focus Financial and Advisor Center also share the names of independent advisors they've helped switch affiliation.
Raymond James Nabs Merrill Team, Set to Open Beverly Hills Branch
The ex-wirehouse recruits discuss why they wanted to leave the “big bank” environment for another firm.