Wirehouse Firms
Learn the ins and outs of the wirehouse channel, including news, analysis and more on Bank of America-Merrill, Morgan Stanley, Wells Fargo and UBS.
Raymond James Hires 2 UBS Advisors in S.C.
By Janet LevauxCarolyn Edwards and Roy Seay, with $125 million in assets and $850,000 in yearly sales, are joining RJA in Mount Pleasant, South Carolina
February 23, 2011
Baird Adds 7 FAs in Midwest, Southeast from Morgan StanleyThree FAs join Baird from Morgan Stanley Smith Barney in Sioux City, Iowa, while three others come on board in Charleston, S.C. and one more in Charlotte, N.C.
February 22, 2011
Four Breakaway Advisors Leave Merrill for HighTowerHighTower, led by Elliot Weissbluth, is expanding once again with the Simmons Wilkes Group, a breakaway team from Merrill Lynch Wealth Management.
February 22, 2011
Four Breakaway Advisors Leave Merrill for HighTowerHighTower, led by Elliot Weissbluth, is expanding once again with the Simmons Wilkes Group, a breakaway team from Merrill Lynch Wealth Management.
February 18, 2011
BofA’s Krawcheck Expands Resignation Pact, Rules to Include U.S. Trust FAsThe policies affect departing U.S. Trust advisors and are not likely to be applied to Merrill reps, experts say.
February 09, 2011
Five Best Sources to Find Good Employees to Hire for Advisory FirmsFirst, reward your employees for hiring referrals, then try Craig’s List and colleges with CFP and Master’s programs . . .
February 08, 2011
UBS Veteran Hoekstra to Lead ETF Advisory FirmThe former head of UBS Wealth Management Americas will be CEO of the ETF advisory firm
February 08, 2011
2010 Q4 Earnings: UBS Americas Posts Loss Despite Continuing Net InflowsThough the Robert McCann-led unit had its fourth quarter of inflows, it failed to make a profit due to legal issues.