Former broker fined $10,000 and suspended six months over expense account
Now-RIA Joshua Crossman admitted he fibbed to use up Merrill Lynch expense allowance.
SEC bars former assistant over alleged misappropriation of funds
Adviser Lauramarie Colangelo said to have impersonated a client to help associate gain account access.
Fidelity sues former broker’s RIA firm for misuse of trade secrets
Brokerage giant seeks damages from Grapevine, Tex., firm owned by Paul Michel.
Merrill Lynch adds five ESG portfolios to platform
The ETF-based, firm-managed choices offer a range of risk profiles.
AXA loses $150 million team to Ameriprise
Charles Gemmer and team in Indianapolis join franchise channel.
Wells Fargo loses $157 million rep to Janney
Matthew Loitz joins firm's Glastonbury, Conn., office.
Top-performing junk bond fund moves out of junk
Absalon Global High Yield, which beat 97% of its peers last year, is no longer buying triple-C credits.
UBS to pay ex-broker $381,000 in spat over loan
Wilson Dennis Colberg-Trigo awarded $1.2 million, but owes $854,000.
Blackstone lures retail clients
Individual investors provided 19% of the money the private equity firm raised in Q1.
An arbitration with a twist: Both sides lose
Former rep does better than Ameriprise, but each must pay damages.