Barclays U.S. Wealth May Fetch $250 Million, Credit Suisse Says
Stifel Financial is reportedly in a deal to acquire the firm's roughly 250 financial advisors.
New Hire Roundup: Dubois and Wassmann Join LPL; Jenks Goes to Putnam; Adams to EBRI
This week in new hires, Dubois and Wassmann join LPL; Stephen Jenks went to Putnam Investments; Nevin Adams joined EBRI; Donald L. McDonald became CEO at Prime Advisors; HighTower brought in Ann Rieder; and Barclays added 6 new advisors.
Barclays Adds 6 Advisors, 2 From BofA
Barclays Wealth said Friday that it recently hired six advisors, including one from Merrill Lynch and one from BofA-U.S. Trust in New York, Boston, Dallas and Miami.
Barclays Wealth Sets Sights on Top-5 HNW Spot
This means spending an additional $1 billion over the next three years to boost its global wealth-management effort.