The uncertain economic recovery and stock market volatility, which have driven many equity investors to the bond market, are leading advisers to do intensive client hand-holding.
HighTower Advisors LLC has lured three advisers from UBS AG's Morse-Millman Group in New York City — splitting up team principals Andrew Morse and Ira Millman in the process.
Ten months after the death of its former chief executive, wealth management firm Rockefeller Financial today hired Reuben Jeffery III, a former government official and Goldman Sachs' executive, as its chief executive.