Raymond James Recruits Wirehouse Reps With $1.75B
The 11 financial advisors join its employee, independent and Alex. Brown units from UBS, Merrill Lynch and Morgan Stanley.
RBC Wealth Nabs UBS Branch Manager: Recruiting Roundup
Meanwhile, Janney brings on advisors from Merrill and Wells Fargo, and Raymond James’ independent channel picks up a Wells team
UBS Exits Protocol, Creating ‘New World’ for Advisors, Clients
The departure will impact reps and clients, says Danny Sarch, though Mark Elzweig sees things differently.
13 Best & Worst Broker-Dealers: Q3 Earnings, 2017
Most, but not all, large financial firms with broker-dealer operations reported positive results for the quarter.
Why the World’s Largest Wealth Manager Is Shunning Bitcoin
UBS is avoiding bitcoin for several reseasons including lack of government oversight and small market size.
Securities America Adds $446M All-Women RIA: Recruiting Roundup
Meanwhile, RBC draws teams from Wells Fargo and UBS, and Ameriprise brings on a group from Merrill Lynch.
Businessman Stole Investor Funds for Packers Tickets, SEC Says: Enforcement
Also, FINRA censures and fines Goldman Sachs, State Street and UBS.
Global Family Office Returns Bounced Back in 2017
Many family offices are unprepared for the looming generational wealth transfer, UBS finds
Third of UBS Assets Are in Sustainable or Impact Investments
“It’s quite clear this is no longer a niche anymore,” said Group CEO Sergio Ermotti.
Dynasty Nabs $1B Breakaway Team From Merrill: Recruiting Roundup
Meanwhile, UBS brings on two teams with a total of $975 million in assets from Merrill's Thundering Herd.