‘We’ve Got to Be Close to the Bottom’ on Energy: Cushing Founder
With low energy-equity prices and robust yields, investors should consider "gradually" getting back into the sector, says Cushing founder Jerry Swank.
Where Are the Departing UBS Reps Going?
The firm is shedding advisors, who are moving on to a variety of rivals and going independent.
$3B Team Joins Wave of Reps Saying No to Stifel
The five advisors, who are going independent with Dynasty, are the latest to leave Barclays since Stifel said it would acquire the firm's wealth unit.
BofA’s Biggest Reshuffling Since Krawcheck’s Exit Keeps Getting Bigger
Days after CFO's high-profile resignation, general counsel Gary Lynch seen as likely to leave his post; wealth chief David Darnell recently announced plans to retire.
Raymond James, Ameriprise Beat Estimates on Strong Advisor Results
Raymond James boosts private client revenue 9%, while Ameriprise improves wealth profits 13%.
Wells Fargo, Raymond James Add Reps From UBS, Merrill & Morgan Stanley
A veteran female team goes independent in Utah.
TD Ameritrade Tops Estimates, Cites ‘Breakaway Brokers’ as a Factor
CEO Fred Tomczyk is upbeat on the attractiveness of the firm’s institutional platform and its sales pipeline.
Morgan Stanley Q2 Wealth Profits Up 20% as Advisor Headcount Falls
CEO Gorman said the advisor recruiting environment was "pretty stable" and that the firm was unlikely to pursue an acquisition.
Schwab Posts First Robo Results; Q2 Earnings Beat Estimates
The brokerage firm rolled out automated advice offerings for investors and advisors this year.
Wells Fargo Mulls Robo-Advisory Offering
The news comes more than five years after BofA rolled out Merrill Edge.