Michael Thrasher

In a letter to an insurance company suing the department, it said the clause “will likely be mooted in the near future.”

The advisor admitted to stealing from the couple, and attempted to leverage bad publicity and get them to lie to Charles Schwab.

A bank-based broker takes Citizens Bank to arbitration for failing to meet some lofty recruitment promises, and wins $1.5 million. Now others are making similar claims against the bank.

The deal brings another 3,200 advisors to the nation’s largest independent broker/dealer, and it’s the latest in a trend of insurance firms exiting the b/d business.

The independent advisory firm is looking to expand throughout the United States.

Federally registered RIAs are managing more money, due in large part to stock market appreciation.

Wealth Management Americas reported a record second quarter, but the Swiss bank’s equity ratio fell, stirred investors.

The new leader sees changes ahead for a unit that had a markedly strong second quarter.