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.
Recruiting Roundup: UBS Picks Up Morgan Stanley Reps
Meanwhile, LPL, Ameriprise and Wells Fargo reveal their latest recruiting coups.
Sons of Indicted Swiss Financial Adviser Keep Business in the Family
After his indictment, Josef Beck’s directors formed another company to manage money for American citizens, records show.
Photographer: Jason Alden/Bloomberg
A few weeks after his indictment, Josef Beck’s directors formed another company to manage money for American citizens, records show
Former Libor ‘Ringmaster’ Hayes Gets 14 Years for Libor Rigging
The ex-UBS and Citigroup trader, 35, was found guilty of conspiracy in London.
Where Are the Departing UBS Reps Going?
The firm is shedding advisors, who are moving on to a variety of rivals and going independent.
UBS Americas Cites Higher Regulatory Costs for Q2 Wealth Profit Drop
Yearly fees and commissions per advisor top rivals at $1.12 million; average assets per rep stand at $150 million.
Wells Fargo, Raymond James Add Reps From UBS, Merrill & Morgan Stanley
A veteran female team goes independent in Utah.
Best Broker-Dealers Ranked by Financial Advisors: J.D. Power — 2015
Satisfaction poll by J.D. Power finds a big drop in loyalty as frustrated reps consider their options.
Baird Adds Branch Manager From UBS, Advisor From Morgan Stanley
The employee-owned wealth firm added advisors in Maine and Ohio.
Six Banks to Pay $5.8 Billion, 5 Plead Guilty to Market Rigging
The charges and settlement are tied to the banks' manipulation of foreign-exchange trading, according to the Justice Department.