UBS Advisors Stay Ahead of Rivals: Q3 Earnings
The average level of fees and commissions, as well as assets, keeps the FAs in the Americas at the head of the pack.
John Thiel, Head of Merrill Lynch, to Step Down
Thiel says he will stay on as an advisor; the new chief will be Andy Sieg, head of Global Wealth & Retirement Solutions.
Raymond James Wraps Up Purchase of Alex. Brown
The 193 wealth advisors at the boutique firm are now on the parent firm's platform, according to the head of the new unit.
RBC Nabs Billion-Dollar Morgan Stanley Group in Texas
The news comes one week after RBC recruited an advisor in Houston from Wells Fargo.
Morgan Stanley Profits Drop 14%: Q2 Earnings
The wealth group had pretax earnings of $859 million, down 3% from a year ago.
How a UK Advisor, Strategist Handled Brexit
London-based Raymond James wealth manager Matthew Hunt and his colleague, Chris Bailey, say their clients aren’t panicking as "the dust settles."
Morgan Stanley Expands Nonresident Wealth Business
It adds two executives from Credit Suisse to boost these operations, which have some 400 reps and $90 billion in assets.
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.
Edward Jones’ Jim Weddle: Readying for the Future
The head of the national broker-dealer looks at long-term trends in wealth management and sees big opportunities.
RBC Taps BlackRock Exec to Lead Retirement, Fund Business
Kim Mickelson comes on board about six weeks after CEO Michael Armstrong took over as head of the U.S. wealth group.