Financial Crisis ‘Cast Long Shadow on Investors’: UBS
A survey of wealthy and affluent investors finds nearly 90% have maintained or increased their cash holdings since 2008.
UBS Improves Earnings, but Wealth Groups Falter
Advisors in the Americas have average assets of $145 million and average production of $1.06 million.
Rising Star: Morgan Stanley’s Shelley O’Connor
In Research’s latest interview offering views from the industry’s highest ranks, Morgan Stanley’s Shelley O’Connor talks about wealth management, women (clients and advisors) and more.
Q4 Profits Up 15% at Wells Fargo’s Wealth Unit
Morgan Stanley and Merrill Lynch will report their financial results on Tuesday.
Morgan Stanley Brokerage Chief Exits, Kelleher Named President
CEO James Gorman said to plan longer tenure; Colm Kelleher gains oversight of wealth management unit.
Booth Takes Reins at Baird
The employee-owned firm has some 850 advisors with $107 billion in client assets.
A View from the Top: Merrill's John Thiel Speaks Out
The leader of Merrill Lynch says the firm's biggest challenge is to remain nimble and relevant.
Morgan Stanley Adds Bonuses for Advisors Who Land Cash-Heavy Clients
Under Morgan Stanley's 2016 comp plan, advisors can receive $5,000 to $50,000 a year for growth in clients who are “cash management engaged.”
Wells Fargo Sees ‘Feeding Frenzy’ for Credit Suisse Advisors
Wealth head David Carroll says retention bonuses are `much lower' than those of peers.
Recruiting Roundup: Where Are the Credit Suisse Reps Going?
Many of these advisors decline to hook up with Wells Fargo and opt instead to join rival wirehouses.