Wells Fargo Indie Channel Picks Up 6 Reps From Rivals
The advisors move to the firm with over $500 million in client assets from UBS, Bank of America and other broker-dealers.
Time for Advisors to Move Beyond ‘Fintech Fear’: PwC Report
While most wealth managers fear losing business to fintech companies, fewer than half have put fintech at the center of a digital strategy.
Merrill Hires 3 New York Advisors From UBS
Bank of America-Merrill Lynch has recruited three veteran financial advisors from UBS with combined client assets of $750 million.
Swiss Order UBS to Give Up Client Details
UBS Group is fighting a demand that it provide information on French clients to tax authorities.
Should UBS Sell UBS Americas?
Rumors are surfacing again, only to be denied by UBS. But “the conversation does make sense,” Aite’s Alois Pirker tells ThinkAdvisor.
UBS Announces Major Changes
In order to help raise pay for top advisors and support retention, the group says, it will reduce advisor recruiting by 40%.
UBS Wealth Unit Cuts Recruiting 40% to Beef Up Advisor Pay
The Swiss-based wirehouse says its plans are part of an overall reorganization and cost-cutting for its American wealth unit.
Morgan Stanley Files to Launch ETFs
The wirehouse plans to introduce both passive and active products, according to SEC registration documents.
Recruiting Roundup: Raymond James Adds $620M Bank Group, Advisor
Meanwhile, Morgan Stanley picks up four reps with a combined $790 million in assets.
SigFig Raises $40 Million
SigFig, a fintech firm that works with UBS and Pershing, says it now has over $70 million to support its tech work.