New Hire Roundup: Mehra Goes to Salient; New CFA Institute Head
This week in new hires, Dr. Ajay Mehra joined Salient Partners; Alan Meder was named chairman of the board of governors at CFA Institute; and Yuri Khalif went to Hatteras Funds.
Compensation Spending Down at Goldman, Up at Smaller Firms
Goldman Sachs ended 2011 with one of the lowest compensation-to-revenue ratios of the publicly traded investment banks, 42%, according to SNL Financial analysis.
UBS Team Jumps to Independence at Raymond James
A team with $200 million in assets joins Raymond James Financial Services in Duluth, Minn.
New Hire Roundup: Fidelity Names Presidents, SIFMA Gains President and Board Members
This week in new hires, Fidelity Asset Management announced two new presidents in its fixed income division and SIFMA announced its new president and board members.
Merrill's McCann Speaks Out on FAs, A.G. Edwards and Rule 202
What is that status of Merrill Lynch's private client group?If you take a long-term perspective, the business was restructured and repositioned between 2001 and 2003....
UBS' Take on Fee Work: 'A Lot of Clients Want It'
Marten Hoekstra, head of U.S. wealth management for UBS, gives his opinion on the New York Attorney General's recent lawsuit, acquisitions and plans for 2007....
UBS to Buy McDonald after Piper Jaffray Deal Closes
What do you do after gobbling up some 700 Piper Jaffray advisors? If you're UBS, you make another deal -- this time to rake in...
UBS-Piper Jaffray Deal: 'It's a Terrific Deal'
UBS is buying Piper Jaffray, which could bring it 800-plus advisors and put it more solidly in fourth place behind Merrill Lynch, Wachovia Securities and...