Bruce Kelly

“YieldStreet raised money and some of the ships disappeared,” one attorney says.

The price tag for the 40 to 50 financial advisors is up to $35 million.

“That does not seem like a winning brand positioning to me,” one executive said.

“They have the skills to run huge companies, so why not focus on a start up?" one senior executive said.

The results of Tuesday’s election create tailwinds for the wealth management industry.

George Tamer, recently named as the "channel enablement leader" at Wells Fargo, worked at TD Ameritrade for 20 years until 2021.

“This is not an enormous surprise. The equity of the firm was materially undervalued by the public market,” one banker said.

Ramsey Solutions' unsolicited text messages allegedly caused the plaintiff “actual harm."

Edward Jones' strategy to enhance its advisors' credentials is proving successful, with over 1,000 financial advisors and employees earning the CFP® designation this year. An industry executive notes that the CFP® credential sets a higher standard for advisors beyond basic exams like the Series 7.

Newbridge Securities failed to supervise advisors using margin in clients' accounts, according to Finra.