Raymond James Adds 6 From LPL; Wells Fargo Grabs 5 From Morgan Stanley
Meanwhile, Merrill Lynch recruits a UBS team as wirehouse retention deals expire.
12 Best & Worst Broker-Dealers: Q4 Earnings, 2014
Here’s how some of the biggest firms’ earnings compared over the fourth quarter.
UBS Cites FA Recruitment Pay for Q4’s Profit Drop in Americas
Average advisor fees and commissions went up, though, topping Merrill’s for the quarter.
Ex-Broker Charged With Stealing $1M From Retired Doctor, Wife
The former UBS broker persuaded a retired pediatrician and his wife to invest $1 million in a purported fund, New York Attorney General Schneiderman says.
Raymond James Nabs $2.6M Ex-RBC Team
In addition, a former Merrill Lynch rep affiliates with LPL Financial, and Baird adds an ex-UBS team.
Broker Movement May Well Have a Banner Year in 2015
Recruiting packages likely won't get any better, and watch for the continuing rise of the "Super Independents."
Raymond James Picks Up $1.3M Rep From UBS
Also, Stratos Wealth added two advisors near Columbus, Ohio.
Raymond James Adds $1.1M UBS Rep, Ex-RBC Team
Meanwhile, Focus Financial affiliate adds an advisor with some $200 million in assets.
UBS Reps to See Bigger Wealth Bonuses
The 7,000 reps are set to receive more fees and commissions tied to insurance, lending and planning work.
Ameriprise Beats Q3 Estimates, Posts Strong Wealth Results
The average yearly production level for its advisors is $483,000, up 13% from last year.