UBS’ Advisor Production Tops Merrill’s (Again), as Q3 Profits Rise
UBS Wealth managers in the Americas have average annual fees and commissions of nearly $1.08 million.
Wells Fargo Adds 2 Reps, Boosts Overall Headcount in Q3
The third-biggest wirehouse says its client assets total $1.4 trillion.
Focus, Dynasty Add Teams; Morgan Stanley Grabs 4 FAs With $660M
Boutique firms continue to attract registered reps, including some from the wirehouse firms.
BofA-Merrill Sees Weak Economy, Strong Stocks
Analysts compare poor growth to Luis Suarez's baffling bite of a player in the World Cup, but point to sectors that could see upside.
Sallie Krawcheck, Booster of Women on Wall St.: The 2014 IA 25 Profile
Sallie Krawcheck’s “real career” started “just shy of 30,” when she became a research analyst, she told IA in an interview.
Why Morgan Stanley Passed on UBS-Paine Webber
Chairman & CEO James Gorman shares his views on the value of the Smith Barney deal.
Top 10 Most Expensive Luxury Penthouses in the World
Property developers around the world are wooing ultrawealthy buyers with lavishly appointed skyscrapers in the most prestigious of neighborhoods, according to Wealth-X report.
UBS Turns Profits Around, Beats Estimates
UBS says its advisors in the Americas have yearly fees & commissions of $1 million on average.
Morgan Stanley Aims for Higher Wealth Management Profits
CEO James Gorman says its operations, which trail those of rival Merrill Lynch, should top 22% by late 2015 by selling more and keeping costs in line.
Sallie Krawcheck: How to Increase Your Firm’s Diversity
Hiring multicultural advisors is good for clients and firms, an Edward Jones Survey found. But how do you cultivate diversity? Sallie Krawcheck offers concrete steps.