Recruiting Roundup: UBS Nabs 4 Ex-Merrill Reps in Florida
Meanwhile, Raymond James adds a husband-and-wife team in Dallas to its employee channel.
Advisors Urge Investors: Don’t Panic
Their advice to clients as markets plunged: Don’t panic, review your portfolio and — if your stomach can handle it — consider buying more stocks.
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.
Raymond James Grabs $120M Team From Merrill
The two female financial advisors go independent with the firm in Utah.
Focus Financial Adds $1B RIA in Chicago
Also, Raymond James adds a $390 million independent-employee group in Beaufort, S.C., from Wells Fargo.
Raymond James Adds $400M Merrill Team in Cincinnati
The duo has about $2 million in production and joins the employee advisor channel.
Wells Fargo, Hearsay Social Roll Out New Tech Tools
The wirehouse boosts reps' tablet power, while the social media tech firm introduces a "universal" supervision solution.
Raymond James Lands Its Biggest Recruit Ever, From Morgan Stanley
The Americas Group, based in South Florida, manages some $2.4 billion for retail and institutional clients.
Raymond James Adds Team in Flooded Texas Region
Meanwhile, Raymond James, BofA and Wells Fargo are donating to flood relief, and RJ says it is buying Producers Choice Network.