Displaying 114 results
UBS to boost fixed pay, cut bonuses
The changes apply to the bank's more senior employees, some of whom may see their salaries boosted by up to 20%
Wells Fargo abandons plans to cut 401(k) match for high earners
The change comes just two days after the original cost-cutting measure was unveiled
Wells Fargo said to discuss sale of asset management unit
Selling the business could bring in more than $3 billion
Wells Fargo cuts 401(k) match for high earners, hurting advisers
"This is a loss of thousands of dollars," one adviser says
Former Wells Fargo manager alleges age, race, disability bias
A 65-year-old Black executive in the bank's wealth and investment management arm filed a complaint after losing his job while on medical leave for cancer
Wirehouse advisers more productive than others, Cerulli finds
Investing in technology seems to pay off, but greater staff support could help
Adviser count down, profit up at UBS
The company has cut back on its recruiting efforts in recent years and instead focused on adviser productivity
Exit of UBS CEO leaves plenty of work for successor
Bank reported better-than-expected profits for the third quarter
Wells Fargo cuts ‘sizable group’ of advisers after profits slump
The bank reported a year-over-year decline of 815 advisers, according to its earnings report released Wednesday morning
Inside Morgan Stanley’s $7 billion deal for Eaton Vance
The deal adds to the $13 billion acquisition of the discount brokerage E-Trade as the wirehouse looks to evolve beyond its investment banking roots
Merrill’s army of newbies to resume cold-calling
Merrill Lynch is making changes in the way it manages young advisers and trainees
UBS chairman explores merger with Credit Suisse: Report
Such a deal would create one of Europe's largest banks at a point when the industry is under pressure to consolidate
Rockefeller Capital woos Morgan Stanley team managing $500 million
The five-person Moore Group will join the firm’s office in Dallas
Wells Fargo adviser managing $500 million goes indie with LPL
Anthony Frigoletto forms River’s Edge Wealth Partners in Red Bank, New Jersey
UBS suggests wealth clients opt for sustainable investing
Firm says ESG portfolio can provide similar or better results than traditional investments
UBS will boost fees to get clients out of costly cash
Firm is trying to reduce cash holdings amid persistently negative interest rates
Wells Fargo Advisors puts limits on dining with clients
The firm joins Merrill Lynch in revamping policies around client perks
FiNet advisers managing $375 million merge and switch to LPL
The trio formed Raintree Wealth Partners in Scottsdale, Arizona
Wells Fargo resumes job cuts
The bank is breaking with some U.S. competitors that have resisted layoffs amid the pandemic
Merrill Lynch releases adviser diversity data
Andy Sieg reports thundering herd's adviser pool includes 21% women and 23% ethnically diverse professionals
