FINRA Fines Wells Fargo $2.25M
By Jeff BermanWells Fargo Advisors Financial Network and Wells Fargo Clearing Services failed to store about 13 million client records in the "WORM" format.
December 07, 2021
Ex-Merrill Rep Who Scammed Pastors Sentenced to 7 Years in PrisonThe former broker had pleaded guilty to one count of securities fraud and admitted to swindling millions of dollars from victims in several states.
December 07, 2021
Investors Favor Annuities, Protection Over 60/40 Allocation: SurveyFinancial professionals tend to underestimate investors' interest in annuities that provide steady income, important in volatile markets.
December 06, 2021
NYSE Names New President, Chairwoman as Part of ICE Leadership ShakeupLynn Martin will become the second female president of the NYSE; board member Sharon Bowen will become chair.
December 06, 2021
Milliman Acquires Annuity Price Data Firm: DealsIntegrity Marketing, Hilb and Babyscripts also have deals.
December 06, 2021
Advisors Bullish on 2022 but See Stocks Returning to EarthMany advisors in a new survey fear for their clients in retirement and are having some tough conversations.
December 06, 2021
Commonwealth Launches Mentorship Program for Female AdvisorsThe firm aims to boost support and career development for this group of financial professionals.
December 06, 2021
Liz Ann Sonders: Time to Move Beyond Stocks and BondsThe two asset classes have mostly been moving in the same direction in recent decades, the Schwab strategist tells ThinkAdvisor.