BMO Wealth Taps New Head of Advisor Group
Wallace Harris comes on board in Chicago to lead a staff of 240 with some $12.7 billion in client assets.
UBS Americas to Boost Product Sales as Recruiting Focus Fades
The group, which tops rivals with average fees and commissions, is shifting its strategy, says CFO Kirt Gardner.
BofA Profit Jumps in Q1 as Wealth Unit’s Asset Flows Top $29B
The number of advisors in the Thundering Herd, though, falls below 14,500 as more reps retire.
JPMorgan Delays Moving Wealth Clients Amid DOL Limbo
With uncertainty surrounding the DOL fiduciary rule, the bank says that its customers can keep using financial advisors.
How Advisors Can Put Advice & Clients First
With tweaks to how they communicate and use technology, wealth managers can deepen relations with investors and grow their practices.
Morgan Stanley Q4 Profits Double, but Wealth Group Misses Target
CEO James Gorman says the firm's wealth management operations will produce better results this year.
Raymond James Nabs $1.2M Merrill Rep in Michigan: Recruiting Roundup
A veteran wirehouse advisor with about $110 million in client assets makes the move in the greater Detroit area.
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.