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June 26, 2018

Wells Fargo Advisors to Pay $5.1 Million to Settle Sales Misconduct Charges
Meanwhile, a memo sows confusion among some of the firm’s representatives about its commitment to the Broker Protocol.
Advisors Weigh in on DOL Fiduciary Rule’s Final Demise
For some, it’s an indictment of a two-faced industry; for others it’s a gift from the marketing gods.
Credit Suisse Beats $300M Suit from Its Former U.S. Brokers
A federal judge has dismissed a lawsuit claiming the bank withheld funds from its U.S.-based brokers who didn’t transition to Wells Fargo.
Wells Fargo Team Decamps for Snowden Lane
The Hogan Eller Group managed more than $150 million and is just the latest in a string of departures.
Private Placement Sellers are More Likely to Hire Bad Brokers
There's a correlation between selling private placements and firms with lots of brokers with checkered pasts.
Swell Launches Impact Investing for FAs, Partners with Folio
Advisors can get access to hundreds of impact-investing stocks and funds through the platform, the company claims.