Firm Battles for Institutional Clients in Michigan and Other Top Stories
Complex manager tries reassuring pension funds they are in good hands after departure of 23-year veteran Michael Holycross.
Regulator bars 30-year veteran in Washington State barred for failing to disclose that a client paid for her Egyptian vacation and named her daughter and grandson beneficiaries of his trust.
Payout rates to drop by 100 to 400 basis points for most brokers.
Arbitrators prohibit duo who jumped to Janney Montgomery in May from contacting “inherited” clients until April 2019.
Tom Brenner, ex-head of defunct First American Securities, refused to testify and won’t appeal bar because he “doesn’t care” about being in the industry, lawyer says.
Top comments of the week:
By Boris Spasky on RayJay Lowers Payouts for Brokers in Employee Channel
I wonder what pay cut management is taking?
CFPluhease! In reply to Boris Spasky
precisely. $6k annual haircuts to the producers for simply doing their job. Mgmt should be taking 3-5% paycuts IMO.
By Not At $1 Million on Finra Freezes Executive Pay as Revenue Declines
Please increase and freeze my pay at $1mm