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.
Stifel to Buy Thomas Weisel; Would Have 1,900 FAs, $100 Bn AUM after Merger
By Janet LevauxDeal should give Stifel more private-equity products and Silicon-Valley clients, as well as about $1.6 billion in yearly sales.
April 19, 2010
Six Things Not to Tell a Branch ManagerConversations between branch managers and prospective hires should not include any of the following gaffes.
April 12, 2010
Baird Grabs Smith Barney FA; Will Head New Portland OfficePerez has 29 years of industry experience, 23 of which were in branch-management roles at Smith Barney, Shearson Lehman Brothers and E.F. Hutton in Oregon and Northern California.
April 01, 2010
Wells Fargo to Stage Vote on Exec CompWells Fargo's board of directors said in late February that its stockholders will have the opportunity to cast a non-binding advisory vote on executive compensation...
April 01, 2010
UBS Adds Tax OverlayUBS reports that it now offers a Personalized Tax Management Overlay for a selection of multi-asset portfolios on its Private Wealth Solutions separately managed...
March 29, 2010
Two More MSSB Advisors Move; Baird Adds Them in ArizonaThe firm has added 22 FAs since the beginning of 2010, giving it a total of 650 advisors nationwide in its private wealth group.
March 26, 2010
UBS Wealth Has New Co-CEO: Gahwiler Joins from Credit SuisseUBS has appointed Lukas G?hwiler the CEO of UBS Switzerland and the co-CEO of Wealth Management & Swiss Bank; G?hwiler will take on his function on April 1.
March 25, 2010
SEC Targets UBS Banker in Case of Insider TradingAlso, the U.S. Attorney's office in New York filed criminal charges against Igor Poteroba, a healthcare banker in the Swiss bank's New York office, and his friend, Aleksey Koval.