After months of speculation, UBS today named Robert McCann as its new head of wealth management in the Americas
Bob McCann, the former head of the brokerage operation at Merrill Lynch & Co., testified in court that John Thain--the company's former CEO--forced him to give up his 2008 bonus, according to a Bloomberg report.
While Bank of America Corp. reported a $7.3 billion loss for the third quarter, the behemoth banking institution's financial advisers saw some improvement in their business in that time.
JPMorgan Chase & Co. posted strong earnings in third quarter, and it also had a successful quarter — and year — recruiting financial advisers
An Ooltewah, Tenn., financial adviser has been sentenced to five years in prison and ordered to pay more than $2.7 million in restitution to his former broker-dealer, Ameriprise Financial Inc., after pleading guilty to misappropriating his clients' money while he worked for the Minneapolis-based firm.
An ex-ING financial adviser who looted her clients’ investment accounts to the tune of $12 million was sentenced…
Non-traded real estate investment trusts can be good investments, but they can also be risky. In the last year, several have slashed dividends or drastically limited their redemption programs.
Barclays Wealth has hired Don Milich and Clifford Wang as investment representatives, based in Atlanta, as part of its effort to continue growing its wealth management operations in the U.S.
The pace of mergers-and-acquisitions activity among independent advisers has been slow this year amid continuing economic uncertainty, but the fundamentals behind combinations have remained strong, according to a new study.
Guggenheim Partners LLC last week announced the launch of three Transparent Value mutual funds.
