UBS Expects Advisor Attrition Due to Pay Cuts
By Dinah Wisenberg BrinThe wirehouse's revamped incentive structure, intended to boost growth, reduces payouts for advisors with production under $750,000.
February 06, 2025
Mercer Hires Its First Client Development ChiefAlisa Maute, formerly of LPL Financial, has also worked for WisdomTree, Van Kampen and Morgan Stanley.
February 06, 2025
CFP Board CEO Kevin Keller to RetireKeller will retire in April 2026. A search firm will assess internal candidates and conduct a national search.
February 05, 2025
Musk’s DOGE Team Mines for Fraud at Medicare, MedicaidThe team is also working to cancel DEI-focused contracts, sources said.
February 05, 2025
Pimco’s Ivascyn Embraces Trump-Driven Bond Market VolatilityHis approach has helped the Income Fund rally in the past three months, beating 96% of rivals.
February 05, 2025
Treasury Defense of DOGE in Payment System Raises SkepticismThe Treasury secretary's response "raises more questions than answers,” Sen. Elizabeth Warren says.
February 05, 2025
Orion Augments Platform to Help Advisors Win Wealthiest ClientsAn influx of new millionaires will demand personalized solutions from financial professionals and service providers.
February 05, 2025
Vanguard’s Record Fee Cuts Put BlackRock, Invesco in a Tough SpotShould they follow suit and potentially lose revenue, or hold the line and risk losing badly needed market share?