Madoff died in federal prison, where he was serving a 150-year term for defrauding clients of more than $19 billion in the largest Ponzi scheme in history.

J.P. Morgan claims Gabriel Gomez enticed clients with about $2.9 million in managed assets to join him at Wells Fargo, a violation of his employment agreements.

Advisor Lisa Quadrini has departed Wells Fargo for Brandywine Oak Private Wealth, where she worked when it was part of Merrill Lynch.

Schwab blamed an “issue created by a software enhancement” for erroneously transferring $1.2 million in February to the Fidelity account of Kelyn Spadoni, rather than the $82.56 she had requested.

San Francisco–based advisor Kristin Bartlow and her team bring $180 million in client assets to Journey Strategic Wealth, a new spin on the aggregator model, from Northwestern Mutual.

Ameriprise will buy the EMEA asset management business for $845 million, all in cash.

The commission's Division of Examinations said it had found examples of 'potentially misleading statements' concerning ESG processes, according to a recent risk alert.

Four former Bank of America Merrill Lynch advisors launched an independent practice via LPL's new Strategic Wealth Services affiliation model.