Lawsuit describes in detail how UBS apparently structures compensation for newcomers.
December 10, 2019
Execs at BNY Mellon Pershing say that they're getting lots of interest from RIAs.
In October, the Merrill Lynch parent offered commission-free trading only to clients on its Preferred Rewards program.
John Borsellino allegedly purchased securities in brokerage accounts and then moved them to fee-based accounts where clients wouldn't have paid sales charges in the first place.
The Kelly, Brown & Reilly Wealth Management Group has joined RBC Wealth Management.
Alastair Barnes allegedly earned $585.66 from two transactions made while in possession of confidential information.
Seventy-nine deals have taken place so far this year, representing $31.9 billion in value.
John Fox will also continue serving as the chief investment officer of the company.