The day he was fired from then-Prudential Securities—July 25, 2001—is a day Bob Ostrowski says he will never forget. But perhaps Ostrowski is ready to start trying: Ostrowski was awarded $2 million from Prudential for wrongful...

Regulators fired their first shot in what figures to be a round of enforcement actions against brokerages for abusive sales practices related to 529 college savings plans.

Location City: AtlantaLocation State: GA Base Salary: 77,000-93,000 Position Responsibilities: As a develops new business relationships and enhances existing relationships with successful entrepreneurs, doctors, attorneys and other high net worth...

Location City: Northwestern CTLocation State: CT Base Salary: $60,000 - $65,000 DOE Bonus & Incentives: Bank has a performance shares bonus plan that proportionately compensates all employees based upon the company's financial results...

Location City: Boston AreaLocation State: MA Base Salary: $82,000 - $85,000 DOE Bonus & Incentives: Annual discretionary performance bonus. Position Responsibilities: The primary responsibility for this position is the preparation and timely...

Location City: CharlestonLocation State: WV Base Salary: $60K - $70K Base + Incentive for New Business Position Responsibilities: Strong Regional Bank with a multi-state footprint seeks strong banking professional to serve as a Investment...

Location City: ColumbusLocation 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...

With the nomination of Ben Bernanke to chairman of the Federal Reserve Board—likely the most powerful banking job in the world—President Bush hit the nail on the head, say brokerage industry officials, as well as brokers. His long...

The unified managed account (UMA), the latest permutation of a separately managed account (SMA), is being billed as the “next big thing” for financial advisors. Such billing is cause enough for skepticism, but the UMA does appear to...

Merrill Lynch’s brokerage call centers, its service centers for less complicated and less profitable accounts, are under investigation by the NASD for past improprieties.