Updated Thursday, April 2, 2015 as of 3:46 AM ET
NFL Player Brings $20M Fraud Case Against Merrill Lynch
Dwight Freeney, who played with the San Diego Chargers last season, claims the bank set him up with an unqualified private banker and her "notorious financial predator" boyfriend, according to court documents.
More in Wirehouses
The two advisors were banished from the industry late last month for allegedly stealing money from customers, joining nine others who have been barred by FINRA so far this year. more »
Wealth management firms are implementing more behavioral bonuses while also making a larger share of comp deferred. more »
Management is pushing advisors new directions, implementing more behavioral bonuses and restricting payouts on small household accounts. more »
The wirehouse landed five recruits from Stifel, Morgan Stanley and RBC. more »
Raymond James added a Wells Fargo advisor who managed $175 million in client assets. more »
An arbitration panel confirmed that a former advisor will pay back a promissory note to Morgan Stanley - almost 10 years after leaving the firm. more »
Launching another volley in the fight over a national fiduciary standard, an investor advocate group argues that brokerage firms are misleading investors. more »
Traditional firms must boost their digital wealth management tools or risk being overrun by those that already do. more »
John Lipari and Richard Ribek say they chose Raymond James' "client-first culture." more »
By poaching Ruth Porat from Morgan Stanley, it's clear Google wants to forge closer relationships with banks. That's because banks hold the key to helping Google expand Google Wallet. more »
Schwab sought restitution in arbitration after an advisor left its Private Client Group to join Merrill. more »
Two wirehouse advisors generating almost $1.7 million jumped to Steward Partners, an independent firm affiliated with Raymond James Financial Services. more »
Two complex directors moved up the ranks at the wirehouse. more »
Advisors on the Move: Merrill Loses Billion-Dollar Advisor, Lures Teams With $800M
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April 22, 2015 | Plantsville, Conn.

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