Armando Ureña and his team in Coral Gables switched to Snowden Lane Partners ahead of Wells’ shuttering of its foreign client business.
Three Wells private banking officials join the management committee of Wells Fargo Advisors as bank-brokerage integration continues.
The regulator barred a bank-based broker who declined to cooperate with its investigation of allegations she had applied for the Small Business Administration’s support without a formal business.
30-year brokerage veteran Kurt Bakken joins RBC Wealth Management-U.S. as branch director for its Rochester, Minnesota office while Ameriprise said another ex-Wells broker had doubled assets in a month.
Bank scrambles to retain brokers following its decision to prohibit them from servicing accounts of clients outside the U.S.
Brokers who brought a ‘constructive discharge’ claim against the firm in 2017 have agreed to repay the balance on six promissory notes, according to an arbitration award.
Lawsuit claims Wells Fargo Advisors violated Missouri and federal law by failing to pay overtime wages to client associates who regularly work more than 40 hours a week.