Displaying 2261 results
SIFMA claims White House figures on DOL rule flawed
A new paper by the organization concludes $17 billion estimate of lost retirement savings not substantiated.
Morgan Stanley suppresses ‘Hunger Games’ video
Charges InvestmentNews violated copyright laws by posting it on its website
UBS, Merrill increase bonuses for new assets and banking referrals
2015 compensation plans push advisers to build their AUM and refer clients to the bank
Morgan Stanley shuffles leadership in wealth unit
Co-head of global capital markets, Raj Dhanda, to lead investment products and services.
James Gorman’s profitability goal leans on Morgan Stanley’s wealth management unit
Morgan Stanley can hit 10% return on equity driven in part by better margins in the wealth management group, CEO James Gorman said.
Merrill Lynch scores $500 million team from UBS
Four advisers who produced $3.1 million in annual revenue joined in Palm Beach, Fla.
Financial adviser moves set to pick up in 2015
An analysis of InvestmentNews' Adviser on the Moves database points to an active year starting from the first quarter
UBS’ U.S. brokerage business not for sale: Sergio Ermotti
Sergio Ermotti, chief executive of UBS Group AG, took time Monday to deny renewed speculation that the firm's Wealth Management Americas group might be for sale.
Merrill Lynch strikes back with $1.2 billion hire
After a couple big recruiting losses, Merrill picks up a $1.2 billion team of Morgan Stanley private bank advisers.
Cetera president blasts White House memo defending DOL fiduciary
Arguments continue on both sides about the merits of the recently-leaked White House memo and what it means for the standard's future prospects.
Midwest financial adviser team with $463M in assets joins Wells Fargo
Madison Street Financial Group specializes in corporate retirement plans and high-net-worth families.
A recruiting war for recruiters
As competition for advisers intensifies, advisory firms are raiding each other for internal recruiting talent in an effort to get a leg up in the hiring game.
Brokers warned to beef up training on complex products
Regulators alarmed at lack of knowledge brokers demonstrate about the products they're selling.
Expenses take toll on Merrill Lynch’s Q4 earnings
Bank of America Merrill Lynch took a hit in the fourth quarter due to rising expenses and lower interest income, though CEO Brian Moynihan offered a vote of confidence that brokerage chief John Thiel is managing expenses well.
BlackRock fund removed from UBS ‘select’ list
Large wirehouse voices concerns over fund performance, management.
A case for getting bold on gold
On today's Breakfast with Benjamin, are investors ready to run back into precious metals? Plus: What a breakup of JPMorgan Chase would look like, seeing 2015 through the eyes of Jeffrey Gundlach, and the pros and cons of living in a state with no income tax.
Morgan Stanley nabs $6.5B Merrill Lynch private wealth team
Three elite advisers with Merrill Lynch's Private Banking and Investment Group jumped to Morgan on Friday.
Merrill Lynch loses two advisers with combined $2.1 billion in California
One goes to Stifel, the other to UBS. Both had ties to Merrill's elite private banking and investment group that serves ultra-wealthy clients.
Wells Fargo tweaks deferred comp, pay on stock trades
Advisers could earn more deferred pay, but minimum ticket size for payout on equity trades upped to $125.
Wells Fargo eyes acquisitions as profits rise
Coming off a 41% rise in quarterly profits in its wealth unit, Wells Fargo could be interested in an acquisition. Mason Braswell reports.
