H&R Block Financial Advisors recently lost an appeal to stop three departing brokers from soliciting or contacting their clients. For reps around the country, the ruling means that moving your book could get a lot easier.
Good Old-Fashioned Thievery: A former Wachovia Securities broker admitted to stealing the entire life savings of a retiree client. Charles Clark, 47, of St. Louis, plead guilty on Jan. 23 to 20 counts of felony theft for stealing $69,000 from a 73...
It's a funny thing: financial advisors position themselves as professionals, sometimes even comparing themselves to doctors and lawyers. Yet, like working stiffs, they want their overtime, too. UBS said it has agreed to pay $89 million to settle...
