The Week Merrill Cracked Down on $1.4-Billion Broker’s Expenses
Firm “lost confidence” in 21-year veteran who allegedly sought repayment of personal expenses.
Rafael Calleja, who solicited $2.7 million from investors and guaranteed return of their principal, can’t afford to pay judgment.
Deutsche Bank wealth unit purchased by Raymond James in September hires $1.3 million producer in Annapolis from RBC Wealth.
Trading software creator says he is not an adviser and that his client sponsored the dinner-seminar.
With Andy Sieg’s move to head of Merrill’s advisor force, his former retirement product and investment strategy kingdom shifts to other parts of the bank.