Ex-UBS Intern Sues for $5M Over Sexual Harassment, Discrimination
Young woman says her advisor boss promised her purses and shoes as “a bonus” for sexual favors.
Wells Fargo Adds 11 California Reps With $1B in AUM
The wirehouse taps a new communications chief, as independent firms hire recruiters, portfolio managers.
Commonwealth Grabs Group From LPL-Affiliated Firm
Benjamin W. Wong and Associates joined Commonwealth after their previous firm, Financial Telesis, was bought by an ex-LPL exec.
Raymond James Recruits 3 Wirehouse Teams, $875M in Client Assets
Meanwhile, Morgan Stanley and Merrill Lynch grab advisors from each other in the latest recruiting push.
Wells Fargo Grabs 8 Advisors With $1 Billion in Assets
Meanwhile, RIAs affiliated with Focus Financial and LPL add reps.
12 Best & Worst Broker-Dealers: Q1 Earnings, 2014
This quarter saw surprising performance dips and peaks across the financial sector.
Wirehouse Fees & Commissions: Who’s on Top?
One big firm surpasses its rivals by a very comfortable margin when it comes to both advisor productivity and average AUM.
UBS Profits Rise 7% on Strong Wealth Results: Q1 Earnings
UBS advisors in the Americas have average yearly fees and commissions of $1.04 million.
Couples Share the Checkbook, but Men Rule the Portfolio
While most couples share major financial decisions, men are still more likely to be in charge of investing, a UBS survey found.
Morgan Stanley Nabs 5 UBS Advisors
The latest recruits should come on board with about $750 million in assets and nearly $5 million in yearly production.