Location City: Los Angeles, Century City Location State: CA Base Salary: 110-140K + 15-25% Bonus Position Responsibilities: Successful candidate will manage full-service banking relationships with high net worth customers and oversee a portfolio...

Smith Barney plans to trim payouts for lower-end brokers next year, in an effort to counter rising costs and cull underperformers from its ranks. The new pay scale was announced to brokers internally in October and will take effect in January.

Location City: San Francisco Location State: CA Base Salary: Highly competitive Position Responsibilities: Major Investment Firm seek individuals to serve as Brokers catering to High Net Worth individuals. Focus will be on capturing Wealth of the...

Location State: OH Base Salary: 75,000 -90,000 Bonus & Incentives: 20-30% Position Responsibilities: Leading National Bank has a need for a seasoned Personal Trust Relationship Manager in one of their Ohio metro markets. Individual would step in...

Location City: Columbus Location State: GA Base Salary: Up to $85K Base + Sales Incentive Position Responsibilities: Major Southeastern Bank seeks individual to serve as Personal Trust Relationship Manager. Will be responsible for a number of...

Charles Schwab’s brokerage unit has been slapped with a $1 million fine for failing to protect customer assets from a check-kiting scam engineered by its affiliated—but independent—registered investment advisors.

With only two weeks left before Merrill Lynch closes its deal to buy Advest Group—the deal is scheduled to close on Dec. 1—top reps at the Hartford, Conn.-based firm continue to run for the exits. This past weekend another $8 million...

When William Donaldson stepped down as SEC chairman, the perception was that the reform movement had also left the building. The White House replaced him with California Congressman Christopher Cox, known for his anti-regulatory rhetoric. But in...

The top executives of the nation’s biggest securities firms have gathered once again at their annual meeting, and declared that 2005 will go down as one of the industry’s best years ever. Profits of the 600 Securities Industry...

As Wall Street traders and investment bankers lick their chops at the prospect of six- and seven-figure bonuses next month, Morgan Stanley has decided that sales assistants should get a taste of corporate largess. It won’t put anybody behind...