Displaying 2261 results
Morgan Stanley’s Gorman ‘thrilled’ with ETrade purchase
The CEO is particularly pleased with ETrade's technology and brand
Merrill Lynch rolls out tech-driven adviser workstation
With the tool, advisers can personalize the work experience from connecting with clients to customizing data figures
Trio managing $370 million exits Wells Fargo for LPL
The Springfield, Ill., employee brokers are affiliating through the Private Advisor Group, one of LPL's largest OSJs
Morgan Stanley adds to bet on steepening yield curve
The firm's strategists say that with the U.S. economy improving, 10-year Treasury rates will become a key driver
Finra orders Merrill Lynch to pay $7.2 million over mutual fund overcharges
The brokerage reimbursed customers a year ago, earning a break on sanctions for cooperation
UBS team managing $330 million forms RIA
Three advisers form TriaGen Wealth Management in Calabasas, Calif.
UBS launches venture capital fund to digitize bank
It plans to invest in dozens of startups that are upending traditional banking
Only half Morgan Stanley staff will be back by year-end: CEO
Gorman said the portion of employees back in the office varies significantly depending on the location
Finra bars no-show former Wells FiNet broker
Wells Fargo fired Leonard Kinsman of Staten Island, N.Y., for “unprofessional conduct”
$650 million team exits Morgan Stanley for RBC
The six-member group, based in New York City group, includes four advisers
Team managing $305 million exits Wells Fargo for LPL
The three-adviser group in Marlton, N.J., is setting up shop using LPL's new program for breakaways
Wells Fargo’s market value is down $220 billion since Fed cap
The limit the Fed imposed on the bank's assets are hitting harder as corporate customers draw down credit lines amid the pandemic
Virtual Attraction
There is no doubt recruiting has slowed as the financial advice industry deals with broad changes caused by the coronavirus. Can broker-dealers still recruit reps and advisers, even during a pandemic?
Team managing $360 million at UBS moves to Raymond James
Isaacs & Paller Wealth Management in Woodland Hills, Calif., is joining the firm’s employee adviser channel
Morgan Stanley denies report that it plans independent platform for advisers
Report states the wirehouse is contemplating a move to independence for some advisers
Morgan Stanley hit with $5 million penalty for misleading clients in wrap account program
The SEC charged the wirehouse with not fully disclosing fees for five years
Two Wells Fargo FiNet reps managing $315 million move to LPL
Brian Wall and Joe Nastasi will merge their practices in the Kansas City, Mo., area
Investors should head for credit rather than cash: UBS Wealth
The firm suggests buying U.S. and emerging market debt and averaging into select stock sectors
Richest investors waiting for dip to buy stocks
Just 30% of U.S. investors were optimistic about the outlook for their own economy, versus 55% of Asian investors, according to a UBS survey
UBS warns earnings may take a hit amid pandemic
The bank's first-quarter profit jumped 40%, while wealth management business took in $12 billion in net new money
