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Broker protocol is good for firms and clients, study finds
University of Kentucky professors at MarketCounsel Summit say letting advisers "own the client relationship" benefits industry employers.
UBS loses $228 million team to TRUE Private Wealth Advisors
The addition will bring TRUE's assets under management to more than $900 million.
UBS team managing $250 million moves to Raymond James affiliate
David Bernacchia and Darren DeQuatro join Steward Partners Global Advisory in New York.
Merrill Lynch to remain in the broker protocol for recruiting agreement
Andy Sieg, head of wealth management, told senior managers that the wirehouse has no intention of joining Morgan Stanley and UBS in pulling out of the accord at this time.
Merrill likely next big firm to dump broker recruiting protocol
Recruiters say Merrill Lynch, like Morgan Stanley and UBS, has already moved away from the traditional recruiting model and is more apt to leave the protocol than Wells Fargo.
UBS broker-protocol exit puts firm before clients
Wirehouses are making big bets they can turn "world class" advisers who leave into old laundry.
UBS broker-protocol exit shows independent channel is bleeding wirehouses of advisers
Smaller shops have benefited from the broker protocol at the expense of larger firms like UBS, experts say
UBS raising client fees, factoring in liabilities
Next year, some clients will see higher annual fees unless they have $2 million in assets and liabilities across accounts, or alter their accounts to gain fee waivers.
Morgan Stanley advisers feel burned by broker protocol exit
Some reps, including those already thinking of leaving, say the firm only cares about the bottom line.
Morgan Stanley’s broker protocol exit: How did we get here?
As the number of signatories to the protocol has swelled over the years, so too has the gamesmanship Morgan Stanley cites as its reason for leaving, according to experts.
SEC penalizes UBS $3.5 million for overcharging on funds
Firm settles charges that it failed to provide less expensive share classes.
UBS scales back recruitment loans, boosts profits
Short-term benefits aside, skeptics see challenges with sustainability of cutting back on recruiting at brokerages.
UBS nabs two wirehouse teams in northern California
Thomas Melohn joined the firm from Morgan Stanley and Joseph Caselle joined from Merrill Lynch.
401(k) lawsuit attacks excessive advisory fees paid to UBS
Litigation regarding retirement plan adviser fees is rare, but some believe it will become more prevalent.
Bulls see room to run after 8-month gain in emerging markets
Developing nations' equities poised for their best year since 2009
Fired UBS adviser revives Palm Beach scandal
Craig Price claims he was fired for speaking up about the abuse of a trust fund.
Merrill Lynch brokers managing $1 billion move to UBS
Cincinnati sister-brother team and duo in Michigan shift firms.
Broker advising on $1 billion leaves UBS to form hybrid
Dallas-based firm will custody with Raymond James, use FallLine Securities as broker-dealer
UBS loses $793,000 in Puerto Rico bond arbitration case
Claimants asserted firm was negligent and breached its fiduciary duty.
$3.5 billion adviser team leaves UBS for Raymond James
The team of six advisers joins the firm's employee unit in Honolulu.
