United Capital Financial Advisers has recruited a 23-person team managing $2 billion in assets, the firm’s largest onboarding since its founding in 2005. The team, based in Denver, Scottsdale, Ariz., and Tucson, Ariz., was formerly with...
Number of advisors with the wirehouse now down to less than 7,000
Raymond James changed policy and told its advisors Monday that the firm, not the advisor, would pay all of the rebates due to clients who were wrongly sold more expensive classes of mutual funds over the past five years.
The change comes just a ...