Wells Adds 5 Advisors, Nearly $1B in Assets From Rivals
In addition, Securities America adds an advisor with $137 million in assets from Financial Telesis.
13 Best & Worst Broker-Dealers: Q2 Earnings, 2013
Some large organizations kept up their momentum, while smaller BDs showed both weaker than expected and surprisingly strong results.
Raymond James Sees 34% Jump in July AUM
Meanwhile, Charles Schwab reports $8.8 billion in net new assets for the month.
Raymond James Appoints Exec to New Private Client Role
David Patchen, a regional director, will head up advisor education and practice managment initiatives.
Stifel Beats Estimates on Solid Private-Client Results
The company has nearly 2,070 advisors, who produce the majority of its new revenue as of the second quarter.
Raymond James Posts 'Modest Improvement' in Private-Client Results
Fees & commissions for its 6,300 reps are up 2% from last quarter and 8% from last year to $615 million.
Raymond James Improves Securities Results in May
Fees and commissions rise nearly 9% from April for its more than 6,200 financial advisors.
Raymond James, Janney Nab More Wirehouse Reps
There's some debate, however, as to what's driving the latest movement out of the wirehouses and its significance, experts say.
Morgan Stanley Nabs Wells, UBS Reps
Meanwhile, Janney recruits a team from Stephens in Columbia, S.C.
Recruiting Roundup: Morgan Stanley, Janney Lure Reps
UBS and Baird also report their latest advisor recruiting news.