Wealth Management industry news covering the financial markets, trends and wealth professionals.
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Talk about an embarrassing blunder: Aspiring brokers who took and failed the Series 7 exam between Oct. 1, 2004 and Dec. 20, 2005 may have passed the test after all...
Like many brokers that sell their own mutual funds under their own name, Merrill Lynch has been struggling to drum up sales. In the latest move, the Wall Street giant announced that it intends to change the name of Merrill Lynch Investment...
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.