New Hire Roundup: Hedge Fund Association Names Regional Co-Directors
Also in new hires, Sen. Rob Portman, R-Ohio, announced that Zach Rudisill will assume the role of tax counsel on his staff.
FINRA Bars Ex-Wells Fargo Rep
Michael Frew may have set up a Ponzi scheme involving 30 investors and a man named “Guido.”
12 Best & Worst Broker-Dealers: Q1 Earnings, 2014
This quarter saw surprising performance dips and peaks across the financial sector.
HighTower, Focus Add Wirehouse Advisors
Raymond James, Commonwealth and Wells Fargo also recruit reps from rivals.
Wirehouse Fees & Commissions: Who’s on Top?
One big firm surpasses its rivals by a very comfortable margin when it comes to both advisor productivity and average AUM.
Raymond James, Wells Fargo Grab Teams From Rivals
Meanwhile, Securities America and Stratos Wealth attract groups of breakaway brokers.
Alt Mutual Fund Use Up Sharply at Wirehouses
Wirehouse advisors now use more liquid alternative mutual funds than traditional alternative products like hedge funds, a recent study found.
Merrill Nabs 2 Advisors, Wells Adds 5
The new Merrill team has $3 billion in assets, while each of Wells Fargo’s latest recruits produces more than $1 million in yearly fees and commissions.
Raymond James Nabs $80M Wells Team in California
Two advisors join the employee channel in Santa Barbara with some $950,000 in yearly fees and commissions.
Raymond James, Securities America and NFP Unit Add Teams, Breakaways
Six reps, including two father-son teams, switched firms with a total of more than $920 million in client assets.