This Week’s Top: Edward Jones Accuses Broker of ‘Bait-and-Switch,’ RayJay Prepares for Cost Cuts, and More
Most popular stories from July 26 to August 1.
A U.S. watchdog has some good news.
Group of seven advisors and eight associates had overseen $1.7 billion in client assets and mark the fifth team to join First Republic this year.
It also promoted an associate complex manager in Bethesda, Maryland, to manage a large Potomac branch, which has about 20 advisors overseeing over $5 billion in client assets.
Citing the global pandemic and its economic consequences, Florida-based firm outlines plans to cut costs broadly to generate “significant efficiencies.”
Lawsuit alleges negligence and invasion of privacy over Morgan Stanley’s admissions that decommissioned data-center hardware and some old branch servers were not scrubbed of customer data.
Lawsuit seeking to bar Ameriprise broker from contacting his former Edward Jones clients says he deceived some about who he was working for.