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.
Client-Centric CEO: Raymond James’ Paul Reilly
Raymond James CEO Paul Reilly talks to Research magazine about connecting with clients, the burden of regulation and the future of full-service advisors.
UBS Partners With SigFig on Tech Platform
The Americas wealth unit has decided not to go it alone when it comes to digital offerings; no robo-advisor is planned.
UBS Q1 Profits Drop 64%; Mixed Results for Wealth Unit
But advisors in Wealth Management Americas continue to outpace rivals in fees and commissions.
Raymond James to Roll Out Mobile App, Cybersecurity Feature
Longer-term plans involve bringing together large amounts of product information and portfolio data for advisors.