Wirehouse snapshot: Q1 2013
Financial advisers Wirehouse 1Q 2013 % change vs. 4Q…
Financial advisers
| Wirehouse | 1Q 2013 | % change vs. 4Q 2012 | % change vs. 1Q 2012 |
|---|---|---|---|
| Bank of America Merrill Lynch | 16,084 | -2.0% | -3.6% |
| Morgan Stanley Smith Barney | 16,284 | -0.4% | -2.6% |
| Wells Fargo Advisors | 15,354 | -0.4% | 1.2% |
| UBS Wealth Management, Americas | 7,065 | 0.1% | 0.7% |
| Total | 54,787 |
Client assets ($ in billions)
| Wirehouse | 1Q 2013 | % change vs. 4Q 2012 | % change vs. 1Q 2012 |
|---|---|---|---|
| Bank of America Merrill Lynch | $1,829.4 | 4.0% | 6.2% |
| Morgan Stanley Smith Barney | $1,794.0 | 5.8% | 2.9% |
| Wells Fargo Advisors | $1,300.0 | 5.3% | 7.5% |
| UBS Wealth Management, Americas | $936.0 | 5.8% | 10.0% |
| Total | $5,859.4 |
Average assets per rep ($ in millions)
| Wirehouse | 1Q 2013 | % change vs. 4Q 2012 | % change vs. 1Q 2012 |
|---|---|---|---|
| Bank of America Merrill Lynch | $113.7 | 6.1% | 10.2% |
| Morgan Stanley Smith Barney | $110.2 | 6.2% | 5.7% |
| Wells Fargo Advisors | $84.7 | 5.7% | 6.2% |
| UBS Wealth Management, Americas | $132.5 | 5.7% | 9.2% |
Financial adviser productivity*($ in thousands)
| Wirehouse | 1Q 2013 | % change vs. 4Q 2012 | % change vs. 1Q 2012 |
|---|---|---|---|
| Bank of America Merrill Lynch | $971.0 | 4.7% | 9.0% |
| Morgan Stanley Smith Barney | $851.0 | 4.7% | 8.1% |
| Wells Fargo Advisors | N/A | N/A | N/A |
| UBS Wealth Management, Americas | N/A | N/A | N/A |
| *Total revenue divided by the total number of financial advisors. N/A=not available. Source: Financial Statements. | |||
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