Displaying 2260 results
2024 to be a tough one for equities, says Morgan Stanley
Bearish strategist Michael Wilson sees challenging times ahead for riak assets.
Former Edward Jones office administrator returns to firm as financial advisor
The advisor will serve clients in Winchester, Virginia.
Father-son financial advisors launch Climer Wealth Management Group
Michael and Wes Climer join Linsco by LPL Financial from Wells Fargo.
Strategic visionary who sticks to his guns
Morgan Stanley’s CEO, InvestmentNews' 2023 Icon, has upset advisors at times with his policies but is revered for leading spectacular growth and his Smith Barney ‘master stroke.’
LPL welcomes $205M team to its employee advisor channel
A new firm is born in Houston with Linsco by LPL Financial.
Osaic nabs veteran Wells Fargo group managing $600 million in Michigan
Labor Day weekend is a traditional time for financial advisors to leave one firm and be recruited by another.
Former Wells Fargo exec Tolstedt deserves prison in accounts scandal, US says
Carrie Tolstedt, the bank's former head of retail banking, pled guilty this year to obstructing the investigation of the bank's fake accounts.
UBS plans cost cuts after $29B Credit Suisse windfall
The firm is targeting 3,000 domestic job cuts and more than $10 billion in cost savings.
UBS just smashed JPMorgan’s record for quarterly bank profit
Global firm's wealth management unit was among its star performers.
Female-led $325M duo launch sports and entertainment focused firm with LPL
New independent wealth firm also specializes in helping women in transition.
SEC spanks Wells Fargo Advisors with $35M penalty for excessive fees
Some Wells Fargo Advisors clients never got promised discounts, according to the regulator.
Four major banks settle stock-lending suit
Pension funds led by the Iowa Public Employees' Retirement System brought an antitrust action related to the banks' control of the market for stock loans used for hedging and short selling.
Arbitrators order Morgan Stanley to pay senior investor $1.8M
A broker in the firm's Garden City, New York, office put way too much WisdomTree stock in his aunt's portfolio.
Raymond James adds $300 million advisor from Merrill
Burdette Park will launch eponymous firm in Louisville, Kentucky.
Advisor movement declines 16.6% over first half
The total of 6,757 advisors moving between advisory and brokerage firms in the first half is the lowest level seen in the data, which go back to 2009.
RBC snags giant $5.5 billion team from UBS in Atlanta
The ESOP Group, founded in 1989, specializes in working with business owners on the sale of their businesses.
UBS reaches $1.44B settlement in DOJ mortgage-bond case
The case, which dates back to 2006 and 2007, relates to the issuance, underwriting and sale of the securities.
Former Wells Fargo private bank execs gather assets at new firm
Jack Ginter was the president of Wells Fargo's private bank until he left in 2021.
UBS Wealth Management takes another $640M team from Wall Street firm
The Swiss-headquartered wealth manager has expanded its advisor head count in Ohio.
UBS faces new class action
Even as the bank removes Credit Suisse nameplates, more legal storm clouds roll in.
