Updated Thursday, March 5, 2015 as of 11:02 PM ET
Zions Names LPL as B-D, Reflecting Growing Trend
The move highlights a broader shift in the way large regional banks are running their wealth management businesses.
More in Bank Channel
Tricia Denise Willis was expelled from the brokerage industry for allegedly swiping $17,400 from a bank customer. more »
While Generation Y may seem uninterested in what advisors do, they may be the answer to the shortage of talent in the industry. more »
Veris Wealth Partners, an RIA specializing in sustainable investing, recruited the advisor, who was managing $500 million as a portfolio manager. more »
To court young talent, banks are reimagining their ads for positions like call center agents and video tellers as YouTube clips. They are also finding ways to make applications easier to fill out on mobile devices. more »
Revenue from investment services at the typical bank and credit union increased just 6% in 2014, falling far short of bank management expectations. more »
Bankers at the National Municipal Bond Summit said they believe new bond issuance will increase, especially in the high-yield senior living and charter school sectors. more »
Frank Epinger will oversee the firm's downtown Los Angeles, Century City, Newport Beach and Santa Barbara offices. more »
Whenever a comparison has come up in past conversations, big banks usually get the nod due to better technology, name recognition or higher pay grids. But small banks have a lot of fans too. more »
Advisors who work for larger institutions tend to cover fewer branches, which allows them to focus on service and increase production. more »
Big banks have a lot to offer advisors, including name-brand recognition and often superior technology. But the smaller banks have their own set of perks, such as less bureaucracy and the chance to spend more time with family. more »
Jack Hartings is a vocal proponent of reduced regulation for small banks. But the CEO of Peoples Bank in Ohio wants Washington to force other industries to share the burden of improving cybersecurity and cleaning up after breaches. more »
The Northeast has always been a competitive market for deposit gathering. Loan growth and the potential for rising interests are forcing banks in the region to find new ways to bring in low-cost liquidity. more »
As their interest income dwindles, banks are looking to bulk up their wealth management businesses in a bid to boost their fee-based revenue. more »
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