Wirehouses
Financial advisers Wirehouse 2Q 2013 % change vs. 1Q2013 %change…
Financial advisers
| Wirehouse | 2Q 2013 | % change vs. 1Q2013 | %change vs. 2Q 2012 |
|---|---|---|---|
| Bank of America Merrill Lynch | 15,759 | -1.9% | -6.0% |
| Morgan Stanley Smith Barney | 16,321 | 0.2% | -3.6% |
| Wells Fargo Advisors | 15,268 | -0.6% | 0.7% |
| UBS Wealth Managemen | 7,099 | 0.5% | 1.1% |
| Total | 54,447 |
Client assets ($ in billions)
| Wirehouse | 2Q 2013 | % change vs. 1Q2013 | %change vs. 2Q 2012 |
|---|---|---|---|
| Bank of America Merrill Lynch | $1,800.2 | -0.7% | 7.4% |
| Morgan Stanley Smith Barney | $1,778.0 | -0.9% | 8.7% |
| Wells Fargo Advisors | $1,300.0 | -1.0% | 12.8% |
| UBS Wealth Management | $937.0 | 0.1% | 11.8% |
| Total | $5,815.2 |
Average assets per rep ($ in millions)
| Wirehouse | 2Q 2013 | % change vs. 1Q2013 | %change vs. 2Q 2012 |
|---|---|---|---|
| Bank of America Merrill Lynch | $114.2 | 0.4% | 14.2% |
| Morgan Stanley Smith Barney | $108.9 | -1.1% | 12.8% |
| Wells Fargo Advisors | $85.1 | 0.6% | 12.1% |
| UBS Wealth Management | $132.0 | -0.4% | 10.6% |
Financial adviser productivity* ($ in thousands)
| Wirehouse | 2Q 2013 | % change vs. 1Q2013 | %change vs. 2Q 2012 |
|---|---|---|---|
| Bank of America Merrill Lynch | $991.0 | 2.1% | 10.7% |
| Morgan Stanley Smith Barney | $866.0 | 1.8% | 11.7% |
| Wells Fargo Advisors | N/A | N/A | N/A |
| UBS Wealth Management | N/A | N/A | N/A |
| *Total revenue divided by the total number of financial advisors. N/A=not available. Source: Financial Statements. | |||
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