The fourth quarter brought mixed news for Morgan Stanley’s retail brokerage, which is struggling to turn itself around post-Phil Purcell. Pretax earnings soared 65 percent to $84 million on net revenue of $1.3 billion (21 percent better than...

Location City: Pittsburgh Location State: PA Base Salary: 100,000-200000 Position Responsibilities: Work as a Financial Consultant with one of the most successful wealth management teams in the country. Must be an experienced stock broker that...

Location State: AL Base Salary: 70,000 - 100,000 DOE Bonus & Incentives: Bonus opportunity is 25-30% of base salary Position Responsibilities: This is a great opportunity to be part of trust operations senior management group. This position is...

Location City: Harrisburg Location State: PA Base Salary: $85,000 Bonus & Incentives: Yes Position Responsibilities: Assumes responsibility for administration of complex personal trust accounts to include high net worth client relationships...

Location City: Los Angeles, LA Metro Location State: CA Base Salary: 100K + D.O.E. + 50-100K Bonus Bonus & Incentives: Paid based on their book of business Position Responsibilities: Work with high net worth clients - above $1 mil net investible...

A broker won nearly $10 million from his former employer, Waddell & Reed, last week—six years after first suing the broker/dealer for smearing his reputation and eight years after being fired in the wake of his testifying against the firm at...

Three years after the SEC charged five Boston-based Prudential Securities brokers for abusive mutual fund trading, one of the accused is being temporarily barred from association with any broker/dealer or investment advisor.

For the first time in its 68 years as a self-regulatory organization, the National Association of Securities Dealers sued the Securities and Exchange Commission over a right it was never granted. Guess what? It lost.

Broker/dealers had a very strong 2005. But so too did the regulators. According to Susan Merrill, chief of enforcement for the New York Stock Exchange Regulation, 2005 was a “landmark year for enforcement.” In a “year-in-review&...

It is by now old news that Linsco/Private Ledger sold a 60 percent stake in itself to two private equity firms in late October, after years of talk about taking the firm public. The deal values LPL at $2.5 billion, a very nice price indeed: The...