Tag: Broker/Dealers

Neuberger Berman Bulks Up Sales Team

The Advisor Solutions Group at Neuberger Berman LLC added 11 senior regional directors in 10 new regions as it looks to expand its mutual funds business among wirehouses and regional broker/dealers.

Merrill Lynch Appeals $10.2 Million FINRA Decision

After the Financial Industry Regulatory Authority (FINRA) ordered Merrill Lynch to pay $10.2 million in deferred compensation and punitive damages to two former brokers in Florida, the brokerage firm said it would appeal the decision.