Displaying 181 results
UBS rep managing $265 million joins LPL
David Winchell is setting up his own firm, Winchell Financial Group, in Las Vegas.
Merrill Lynch trio managing $890 million moves to UBS
The veteran advisers and three associates make the switch in midtown Manhattan
UBS sued over muni-bond snafu that cost clients
UBS Financial Services misreported interest paid on taxable munis, resulting in higher tax bills for clients, according to a lawsuit.
Four-person Merrill team managing $391 million joins UBS
Brenner Wealth Management Group is based in Santa Barbara, California.
UBS to offer Transamerica program for small-business retirement plans
The Retirement Plan Exchange, which uses TAG Resources, is designed to reduce administrative headaches related to providing a plan.
Adviser managing $215 million at UBS moves to RBC
A mother-daughter team led by Cynthia Hansen joins RBC's Denver Tech office.
Banks making cheap loans to the ultra-rich
Rock-bottom interest rates have fueled the biggest borrowing binge on record, and even billionaires with enough cash to fill a swimming pool are loathe to sit it out.
UBS wealth management boosts assets as adviser head count slips
UBS in the Americas appears to be focusing on recruiting giant teams of private banking advisers as it continues to see experienced advisers walk to competitors.
UBS assets and fee income surge in Q2
The wealth management business saw $25 billion of inflows of net new fee-generating assets across all regions and also made $7 billion in net new loans to rich clients in the quarter.
SEC orders UBS to pay $8 million over sales of complex exchange-traded products
Investments pegged to market volatility remained in client accounts for up to a year when they were meant to be short-term investments.
Envestnet taps UBS, iCapital to offer alternatives
The Alternatives Exchange will provide curated UBS and iCapital alternative investment products to the 106,000 advisers on Envestnet’s platform.
UBS will let two-thirds of employees adopt permanent hybrid work
The bank hasn't set a date for returning to the office. Employees can start applying for hybrid work once local pandemic rules allow them to return full-time to the office.
Billion-dollar UBS team in Chicago suburbs goes indie
The six-adviser team, Puzzle Wealth Solutions, is affiliating with LPL Financial through OSJ Gladstone Wealth Partners.
Trio managing $10.5 billion moves to UBS
The six-person team is leaving J.P. Morgan Private Bank in San Francisco.
UBS adviser managing $150 million in Florida moves to LPL
Jeffrey Schiffman joins the firm’s employee unit in Palm Beach Gardens, Florida.
UBS explores offering crypto investments to rich clients
The Swiss firm is exploring several alternatives for offering the asset class, people familiar with the plan said. Any investment offering would be a very small portion of the clients’ total wealth because of the volatility.
UBS nabs $2 billion team from BofA private bank
The seven-person group will join its Newport Beach, California, office.
UBS adviser managing $215 million goes indie with LPL
Chad Taylor launches Seapoint Wealth Advisors in San Diego using LPL's services for breakaway brokers.
UBS ropes in new fee-generating assets in Q1
The wirehouse reported strong results, but also disclosed a significant hit from trading losses after the implosion of the family office and hedge fund Archegos Capital Management.
UBS announces surprise $861 million Archegos hit
Like Morgan Stanley, UBS kept its investors in the dark for weeks about the size of the losses it incurred in the collapse of Bill Hwang's family office.
