Morgan Stanley Gets OK to Buy Rest of Smith Barney
The wirehouse should wrap up its purchase of the joint venture by the end of June.
New Hire Roundup: HighTower Expands Development Team
This week in new hires, HighTower welcomed Thomas Brown and Frank Epinger to its development team. Citibank named Mark Mason private bank CEO and Jane Fraser CitiMortgage CEO.
Morgan Stanley Beats Estimates as Advisors Improve Results
The flow of advisors’ fee-based assets continue to increase at $15 billion in Q1.
Top Posts at Broker-Dealers See Big Changes
LPL, Morgan Stanley and Raymond James all announced big moves recently.
Morgan Stanley Grabs Merrill IT Exec
Chris Randazzo leaves BofA to support Gorman and team's $500 million technology push.
Raymond James Retires Morgan Keegan Brand, as Tech Transition Ends
Raymond James said Tuesday it had wrapped up the conversion of Morgan Keegan operations and clients into Raymond James’ technology systems.
New Hire Roundup: Gail Cohen to Chair New York Bankers Association
This week in new hires, Porter Schutt and Bill Dugdale joined Brown Advisory, and Brian Major went to AlixPartners.
Top 10 Wealth Management Trends for 2013
Every year brings its own challenges, but 2013 is likely to be an exceptionally dynamic year for wealth managers, the Aite Group predicts.
Wirehouses Roll Out ’13 Comp Plans
After getting feedback from top advisors, Morgan Stanley said in December that it will share a new stock-ownership plan with reps in 2013.
A lot of broker-dealers have invested in the retirement income space.