St. Louis-based firm grew advisor headcount by 8% and branches by 14% last year due to higher-than-usual retention and hiring.
Firm’s policy of requiring some advisors to repay up to $75,000 of training costs violates federal labor laws, class-action lawsuit claims.
California broker put a rival broker’s name and number on internet gay solicitation ads.
Managing Partner Jim Weddle scoffs at critics who say firm is crowding out existing brokers with accelerated growth strategy.
Finra slaps Arizona broker with a short suspension and $5,000 fine after his current employer Raymond James collected $15,000 from him for customer privacy violations at his former firm.
As part of broader industry effort to remedy dramatic gender imbalances among their brokerage force, firm creates new measurement tools to motivate training and leadership development for women.
Leaves crowded network of Jones offices in the area to open first RayJay employee-channel outpost in Las Cruces.
Many firms drop practice of pursuing trainees for “training costs” if they drop out.
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.