The Practice: Staffing and recruiting

• August 17, 2018

  Wells Fargo Loses More Reps to These Three Rivals

  These firms seem to be a destination for former reps.

  No Comments
• August 17, 2018

  Morgan Stanley Age Discrimination Lawsuit Poses Questions For All 40+ Employees

  Person making the age-bias claim against Morgan Stanley Funds Services is only 41 years old.

  Last Comment: August 17, 2018
  1 Comment
• August 17, 2018

  Ameriprise to Pay $4.5M Over Alleged Failures Guarding Client Assets

  Five Ameriprise reps allegedly stole over $1 million in client funds.

  No Comments
• August 17, 2018

  Galvin Gets His Way in Scottrade Fiduciary Case

  A judge has agreed to grant the Massachusetts regulator’s request to remand the case to the state.

  No Comments
• August 16, 2018

  Broker and His Firm Charged on Improper UIT Trades

  StockCross Financial Services and Peter Cunningham allegedly earned $750,000 from short-term trading in the product.

  No Comments
• August 16, 2018

  Don’t Judge Me! Brokers With Disclosures Aren’t All Bad, Says Big Employer

  Firms may avoid hiring FAs with disclosures on their records, but employers consider the nature of each event first, sources say.

  Last Comment: August 17, 2018
  3 Comments
• August 16, 2018

  Mercer Acquiring WM Business of Pavilion Financial Corporation

  The consulting firm is also acquiring Pavilion’s investment consulting and alternatives consulting operations.

  No Comments
• August 15, 2018

  "Defamed" and "Disgusted" Ex-Merrill Lynch FAs Fight Back in Court and Claim Victory

  In an unusual move. Merrill Lynch agreed to a settlement and allowed the former advisors to transmit a tombstone letter to clients.

  Last Comment: August 15, 2018
  2 Comments
• August 15, 2018

  Barred Advisor: Parallel Investigations Ruined My Life

  A former Morgan Stanley financial advisor alleges government regulators timed their investigations to destroy her life.

  Last Comment: August 15, 2018
  1 Comment
• August 15, 2018

  Ex-Morgan Stanley FA Scores $140K Win Against Wirehouse

  A Finra arbitration panel has ordered the firm to pay the legal fees and costs of a broker it fired in 2013.

  No Comments