Among other changes, the association will add a wealth management specialization, with additional content on client management, investment planning and the duty of care.

With the acquisition of SVB, First Citizens is now one of the top 15 banks in the United States.

As its multicustodial strategy bears fruit, Steward Partners has recruited Ensign Wealth Partners from Wells Fargo Advisors Financial Network, bringing the firm's total assets with Pershing to over $1 billion.

Despite assurances from CEO Walt Bettinger and the Charles Schwab himself, questions around the comnpany won't go away.

Over the last few weeks, the firm’s advisors and clients have scattered, causing the unit’s assets and profitability to dwindle.

John Woods pleaded to one count of wire fraud for a Ponzi scheme that stretched over 10 years, according to the DOJ; the fraud also resulted in Oppenheimer & Co. facing a $35 million fine from FINRA arbitrators.

Fewer than 200 staffers were offered different roles in other parts of the company while a handful, including some loan officers, were let go.

SVB Private Wealth, with about $16 billion in assets, is part of the First Citizens' "whole bank purchase" of Silicon Valley Bank.