New Hire Roundup: Vanguard’s McNabb to Serve Additional Term at ICI
Meanwhile, Dynasty Financial Partners announced a new partnering with Nova Wealth Advisors.
New Hire Roundup: IMCA Names Whiting National Sales Director
John Carter of Nationwide was named IRI board chairman, and Tom Petrone became director of capital markets at Dynasty Financial Partners.
MetLife Fills Reverse Mortgage Void to Hedge Against Insurance Industry Contraction
MetLife is taking full advantage of the recent decisions by Wells Fargo and Bank of America to leave the reverse mortgage market. But industry watchers are wondering why.
Banks Add Retirement Resources in Effort to Gain Market Share
Look to rival Fidelity, Vanguard in retirement plan space.
Morgan Stanley Still Dominates in FA Count; Merrill and UBS Lead in Fees, Assets per Rep
The number of Morgan Stanley financial advisors -- including those involved in the joint venture with Smith Barney -- fell by about 50 to 18,087...
As Wells Fargo Reports Q2 Earnings, Advisor Total Ranks No. 3
As Wells Fargo on July 21, beat estimates on lower sales and profits, it saw the ranks of its advisor force move into the number three spot, despite rising year-over-year assets and sales in its wealth-management and brokerage businesses.
Wells Fargo: Q2'10 Advisor Total Makes It No. 3
Wells Fargo Advisors' latest headcount of 15,102 puts it behind Morgan Stanley Smith Barney's 18,087 and Bank of America-Merrill Lynch's 15,142.
Wells Fargo, Weighed Down by Sour Loans, Posts Drop in Profit
Wells Fargo & Co., still sorting through Wachovia's sour consumer loans, said Wednesday, April 21, that first-quarter earnings fell 16% to $2.54 billion.
JIM HAYS: PRESIDENT; PRIVATE CLIENT GROUP; WELLS FARGO ADVISORS; ST. LOUIS, MO. SOUND BITE: "The Wells Fargo brand has been phenomenal. It's been a big win-win." Sometime...
Pre-Retirees Need to Do More, Wells Fargo Study Finds
Current savings rates are unlikely to fund the retirement lifestyles many expect, according to fifth-annual Retirement Fitness Survey from Wells Fargo & Company.