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Topic

UBS laying off dozens of wealth management staff

Move comes as bank revamps the unit's leadership team.

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Systems glitch sends erroneous text messages to some Vanguard customers

Text said a 401(k) loan was being processed, but no accounts were actually affected.

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Student loan rates contribute to increased college burden

Financial advisers have some advice on how to pay off student loans, as interest rates rose for a second year in a row.

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The power of philanthropy shifts to women, and advisers are taking notice

Philanthropic women are growing in number — and stature.

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Wells Fargo takes $8.7 million arbitration hit over Puerto Rican bonds

Finra panel says firm and broker are liable for damages, interest, fees and costs.

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Fidelity asks Arizona court for injunction against two brokers

Alleges two reps took client information when they left to start a firm.

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SEC charges Cape Cod RIA with $3 million fraud

Agency says Kimberly Pine Kitts created fake tax documents to cover up thefts.

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William Galvin: Infinex Investments fined $125,000

Firm sold products that seniors didn't understand, Massachusetts state regulator says.

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Record 48 RIA mergers and acquisitions took place in Q2

Consolidators were involved in 22 of the deals, says Echelon Partners.

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Former broker receives extra jail time for defrauding own mother

Franklin Marone pleaded guilty to perjury and false filings last week.