The claimants had requested $15 million in damages in the proceeding, in which one of the three arbitrators partially dissented to the damages awarded.
The two women, who focus on real estate and Wall Street executive clients, had been overseeing $1.8 billion in assets, according to a Forbes ranking.
Frank LaRosa Launches His Latest Business Venture, Practice Dynamics, An End-to-End Turnkey Suite of Business Solutions For The Financial Services Industry
MOORESTOWN, N.J., May 14, 2021 /PRNewswire/ — Today marks the launch of Practice Dynamics, an end-to-end turnkey solution for financial advisors, RIAs,…
Christopher Waller on Thursday became the latest Federal Reserve governor to try and dampen expectations for central bank action to curb rising prices that he sees as “temporary.”
Brothers Stephen and James Miller, who last year took over their father’s practice in Birmingham, moved their four-person team to EverSource Wealth Advisors’ RIA platform.
The order against two advisors and a client associate in Garden City is at least the second TRO that has gone in UBS’s favor in recent months.
A $1 billion-asset team left last week for Morgan Stanley but J.P. Morgan Advisors this week picked up a $230 million-asset veteran broker from Merrill Lynch.
The broker on his meal expense reports “inaccurately stated that particular customers attended, even though they were not present,” Finra said.
A former advisor in Florida who alleges that the company wrongfully withheld back pay must bring his claims in arbitration per his employment agreements, Morgan Stanley argued.
Brokers Christopher R. Davis and Deryl H. McGallion, producing $3 million in annual revenue in southeastern Texas, and Chien Nguyen and Danny Nguyen, producing $1.5 million in California, joined Wells last week.
Evelyn Varner, who spent 10 of her 16 years in the industry at Bank of America Merrill Lynch, has joined Wells as head of advice enablement.