Wells Fargo
RayJay Lands Baird Vet in Chicago, Wells/Pru Lifers in Rochester
After 30 years at William Blair and Robert W. Baird, Rosa Ebling signs with the Florida-based firm’s Windy City employee-channel branch, while $2-million team led by Keith Bock in New York State leaves his home of more than 35 years.
Ex-Wells Fargo Broker Claims Age Discrimination Led to Her Firing
Philadelphia broker cites branch manager’s comments
Janney Picks Up $2-Million Wells Fargo Team in Connecticut
Three brokers were managing $288 million in client assets, mostly institutional, according to Janney.
Wells Trainee Class-Action Settlement Spotlights Rivals’ Policies
Many firms drop practice of pursuing trainees for “training costs” if they drop out.
Ka-Ching! Recruiting Slowdown Fattens Brokerage Bottom Lines
Morgan Stanley executives applaud return to sanity in recruiting deals and improvement in retention as deal-making slows.
RBC Picks Off Wells Fargo Regional Manager
After 24 years at Merrill and Wells, New York City private banker jumps to run an RBC complex in Texas.
Wells Fargo Advisors to Pay $3.5 Million to Settle Trainee Class-Action
Also will stop requiring reimbursement of $45,000-$55,000 from trainees who seek to remain in securities industry within five years of leaving or being fired.
Wells Fargo Wealth Headcount Slips Again, Fee-Based Assets Rise
Advisor count falls by 138 during the three-month period but higher market valuations and flows bump advisory assets up 3% during the quarter.
Wells Nabs Three Sets of Merrill Brokers in Southern California
El Segundo branch of the Bank of America brokerage unit loses one team to Wells Advisors’ branch system and another to its independent channel, while a Wells private banker on East Coast joins an RIA.
One Seasoned Manager Returns to Merrill, Another Old Pro Leaves Wells
After one-year hiatus with SunTrust, Dwight Mathis returns to run Long Island branches for the Thundering Herd while Wells’ Kevin Ortmeyer leaves after 25 years in Illinois for Stifel.
Wells Fargo Expels Big Indie Team for Alleged Annuity Practices
Indiana-based Bison Financial principals now with Ameriprise lost their FiNet licenses because of “certain annuity processes,” regulatory filings say.