Merrill Lynch and two Wells Fargo advisory firms have agreed to pay ... Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's ...

Wells Fargo Advisors Financial Network, known as FiNet, when it created a new bonus for some, but not all, advisors who would have otherwise lost hard-earned deferred compensation. The next step ...

Both brokerage firms moved a customer’s uninvested cash from a brokerage account into an interest-bearing account, violating ...

Wells Fargo Advisors, the bank’s brokerage unit, recruited a former UBS advisor team that oversaw $1.6 billion in assets under management, the company said.

The firms neither admitted nor denied the charges. Wells Fargo Advisors Financial Network, Wells Fargo Clearing Services and Bank of America’s Merrill Lynch violated the Advisers Act overlooked ...

Wells Fargo Clearing Services agreed to pay a civil penalty of $28 million; Wells Fargo Advisors Financial Network, $7 million; and Merrill, $25 million, according to the SEC’s cease-and-desist ...

Mercer Global Advisors and EP Wealth also extend their reach into the Nashville, Tennessee area with RIA acquisitions.

She loves writing about financial ... links on Forbes Advisor. Commissions do not affect our editors' opinions or evaluations. One of the most storied brands in banking, Wells Fargo has been ...

The ongoing effort by the Securities and Exchange Commission to get the financial advice industry to focus on the interest big firms pay to clients for their cash took another turn today when the ...