Displaying 181 results
UBS brings back Ermotti as CEO to lead Credit Suisse takeover, replace Hamers
Ermotti, who previously served as UBS' CEO for nine years, is familiar with UBS and the Swiss financial landscape, qualities seen as critical for the integration.
UBS advisor overseeing $315 million in assets joins Raymond James
New York-based Steven M. Rozencwaig will join the firm’s Manhattan office.
As dust settles on banking sector, some analysts believe worst is over
Recent flows into mutual funds and ETFs suggest that investors are already scooping up beaten down bank stocks.
UBS to buy Credit Suisse in deal to end crisis
The Swiss bank is reportedly paying more than $2 billion for its rival in an all-share deal priced at a fraction of Credit Suisse's close on Friday.
UBS wealth management Americas adds assets but pace slows in tough 2022
UBS reported that it had 6,245 financial advisors in the Americas region at the end of last year, little changed from 6,218 at the end of 2021.
Finra bars ex-UBS broker in Texas who sold phony annuities
According to Robert Earl Turner's BrokerCheck profile, UBS has settled six disputes with his customers for close to $12 million.
Team of women managing $435 million join Raymond James from UBS
Jeanne Eisele, Mary Gilbert and Leanne Gray operate as Anchor Financial in Linwood, New Jersey.
Here’s how inflation and philanthropy could give women a boost in ’23
Philanthropic goals are prompting women to become more involved in family asset management.
This year should have been worse for broker-dealers
One of the big themes in 2022 was how well the broad retail wealth management industry has insulated itself from the downside of the bust part of the cycle.
Fintech challenged by market forces
While most adviser-facing fintechs were spared the pain felt across the wider technology landscape, not everyone escaped the year unscathed.
UBS retreats from plans to target US mass affluent clients
Chairman Colm Kelleher said the bank has been slow to identify cross-selling opportunities to wealth management clients.
Big adviser teams say hello and goodbye at Wells Fargo
The latest moves illustrate the push-and-pull dynamics of recruiting and hiring advisers at Wells Fargo.
UBS team managing $1.7 billion joins RBC
The five-adviser, 16-person group known as The Promus Wealth Management Group has joined RBC Wealth Management in Indianapolis.
UBS points to financial adviser hiring in reporting results
The bank added that it had a 'strong quarter' in financial adviser recruitment in the Americas but gave no details in its earnings information.
The latest in financial #AdviserTech — October 2022
DPL Financial Partners’ $20 million in additional capital, Ethic Investing’s $50 million Series C round, and the demise of UBS’ deal for Wealthfront are among the highlights of this month's roundup.
UBS nabs $1 billion Morgan Stanley trio
The three-adviser, five-person team, Narragansett Bay Group, makes the switch in Providence, Rhode Island.
Morgan Stanley advisers managing $1.4 billion move to UBS
Two soloists and a team make the switch in Northern California.
Finra slaps UBS with $2.5 million fine over short-selling violations
It's the second time in as many weeks that Finra has penalized a firm for such trading problems.
10 advisers managing $2.85 billion join UBS from Merrill
The advisers, who work with high- and ultra-high-net-worth families and institutions, join the firm in Washington, D.C.
After Wealthfront, UBS dusts off plan to stress banking, tech and productivity
It's back to an 'organic plan' for the bank's wealth management business in the United States, says Iqbal Khan, co-president of UBS Global Wealth Management.
