Subscribe

Wirehouses

Displaying 2261 results

Topic

Stifel adds three Merrill advisers

Dallas duo manages $128 million; Missouri-based adviser manages $115 million

Topic

Chip Walker exits Wells Fargo to join Baird

Walker will oversee the firm's retail expansion in the St. Louis area

Topic

Wells Fargo hits lowest level since 2009

Investors are waiting to learn more about CEO Scharf's strategy amid news of job cuts, sales of business units

Topic

Duo managing $475 million at UBS joins RBC

Robert Loupee and Michael Graziani shift firms in Bloomfield Hills, Michigan

Topic

Wells Fargo exploring $1 billion-plus corporate-trust sale

The bank is also considering whether to unload its $10 billion student-loan portfolio

Topic

Adviser managing $220 million at UBS moves to Raymond James

Mark Parker is joining the firm's employee channel in Memphis, Tennessee

Topic

Merrill team managing $550 million moves to Rockefeller Capital

CM Private Wealth Group is based in Northbrook, Illinois

Topic

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%

Topic

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

Topic

Wells Fargo said to discuss sale of asset management unit

Selling the business could bring in more than $3 billion

Topic

Wells Fargo cuts 401(k) match for high earners, hurting advisers

"This is a loss of thousands of dollars," one adviser says

Topic

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

Topic

UBS rolls out small-business 401(k) fiduciary program

The firm is also adding student-loan guidance for workplace wealth clients

Topic

Wirehouse advisers more productive than others, Cerulli finds

Investing in technology seems to pay off, but greater staff support could help

Topic

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

Topic

Exit of UBS CEO leaves plenty of work for successor

Bank reported better-than-expected profits for the third quarter

Topic

Buffett inches toward Wells Fargo exit

Since Charlie Scharf became the bank's CEO, Buffett's Berkshire Hathaway has unloaded most of its stake in Wells

Topic

Morgan Stanley adds advisers during pandemic

The wirehouse reports a net increase of 70 advisers during the summer, despite COVID-19

Topic

Wells Fargo fires more than 100 workers for abusing federal aid program

Staffers made 'false representations' when they applied for a coronavirus loan program, according to a Wells memo

Topic

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