Five veteran advisers who collectively managed $1.3 billion at Merrill Lynch have joined UBS Wealth Management in New York City and Paramus, New Jersey.
Peter E. Murray, David W. Peeler and Andrew V. DiPaola will be based at the firm’s office at 299 Park Avenue, and Gregory J. Amerkanian and Michael C. Gogliormella will be based in Paramus, the firm said in a press release Wednesday.
Murray spent the last 24 years at Merrill; Peeler, 11 years; DiPaola, 13 years; Amerkanian, 29 years; and Gogliormella, 19 years.
Eliseo Prisno, a former Merrill advisor, allegedly collected unapproved fees from Filipino clients by secretly accessing their accounts at two separate brokerages.
The Harford, Connecticut-based RIA is expanding into a new market in the mid-Atlantic region while crossing another billion-dollar milestone.
The Wall Street giant's global wealth head says affluent clients are shifting away from America amid growing fallout from President Donald Trump's hardline politics.
Chief economists, advisors, and chief investment officers share their reactions to the June US employment report.
"This shouldn’t be hard to ban, but neither party will do it. So offensive to the people they serve," RIA titan Peter Mallouk said in a post that referenced Nancy Pelosi's reported stock gains.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
