Displaying 644 results
Wells Fargo faces major test of broker liability for selling F-Squared
A 68-year-old widower claims wirehouse did insufficient due diligence on the troubled money manager.
Wirehouses still attracting adviser talent
Despite increasing options in the independent space, majority of adviser moves are still among the big four.
Wirehouses challenged as retention deals fade
Study estimates that between 12% and 20% of long-term packages signed after 2008 mergers will expire annually over the next four years.
Finra bars Wells Fargo broker who ran Miami nightclub
Aaron Parthemer, left, a Wells Fargo adviser for a number of NFL and NBA players, allegedly ran a hip hop dance club in South Beach without telling his employer.
Home office investment performance beats advisers’: study
Cerulli study suggests quantitative manager selection and staying invested during downturns helps home offices outperform advisers.
In target date funds, performance starts to trump risk management as assets balloon
Some strategies stay aggressive right up to target date while others dial down risk; each group has its reasons
The hazards of securities-based lending as a source of retirement income
Hold onto your hats and proceed with caution.
Midwest financial adviser team with $463M in assets joins Wells Fargo
Madison Street Financial Group specializes in corporate retirement plans and high-net-worth families.
Wells Fargo tweaks deferred comp, pay on stock trades
Advisers could earn more deferred pay, but minimum ticket size for payout on equity trades upped to $125.
Wells Fargo sees results from financial planning
Wells Fargo Advisors capped off 2014 with relatively strong numbers, as fourth-quarter earnings at its wealth division were up 5% year over year, despite costly investments in technology and higher broker commissions.
Wells Fargo to pay $5 million over broker’s insider trading
Firm admits wrongdoing; broker accused of misusing confidential customer information to trade on Burger King acquisition.
Wealth management a growing force in bank fortunes
Third-quarter earnings reports show that once again, wirehouses are driving revenue at the giant banks that own them.
Wells Fargo Advisors earnings jump on lending
Mortgages and securities-based lending offset a decline in transaction revenue.
Allianz joins Wells Fargo’s new indexed annuity platform
Insurer brings its Essential Income 7 indexed annuity, Essential Income Benefit feature, to the platform.
Wells Fargo nets $972M JPMorgan team
Wells Fargo Advisors continues to build on its recruiting momentum with the addition of a trio of former JPMorgan Chase & Co. private bankers.
Altered docs land former Wells compliance officer in hot water
Judy Wolf, formerly with Wells Fargo, allegedly attempted to make it appear she adequately reviewed a broker later charged with insider trading. Plus, see 5 compliance lessons from recent SEC cases
Wells Fargo binges on Morgan Stanley recruits
Since June, the firm has snatched nearly $1.4 billion in assets from rival wirehouse, according to moves tracked by InvestmentNews.
Wells Fargo hires UBS team in Texas
Previously managed more than $300 million in assets.
Powerful Wells Fargo division takes over firm’s wealth management research functions
New unit will influence product selections for 15,000 advisers managing $1.6 trillion in assets.
