Wirehouses

Displaying 1708 results

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Wells Fargo team managing $800M joins Snowden Lane

Led by Tony Esses, the group based in Coral Gables, Florida, focuses on Argentinian investors.

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Team managing $1.3 billion at Wells Fargo goes indie with LPL

The six-adviser group led by Larry Boggs is forming Boggs & Co. Wealth Management in Cumberland, Maryland.

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Bank of America makes Juneteenth a holiday, joining JPMorgan, Wells Fargo

The banks told U.S. employees they'll receive a floating paid day off to mark the holiday commemorating the end of slavery in the U.S., which President Biden signed into law Thursday.

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Team managing $1 billion at Wells Fargo goes to RBC

The four-adviser Seidler Cattich group is joining the firm in San Francisco.

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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.

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Merrill Lynch, Morgan Stanley top execs say recruiting changes worked

Driving the recruiting overhaul at wirehouses over the past few years has been the tremendous expense of recruiting experienced financial advisers.

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Duo managing $315 million at Wells moves to Raymond James

Bobby Conville Jr. and Earl Smith are joining the firm's employee unit in Ruston, Louisiana.

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Morgan Stanley brings in ETrade executives

The investment bank is putting the finishing touches onto its $13 billion purchase of ETrade Financial, and has benefitted from ETrade’s direct, online access to a younger group of clients.

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Trio managing $10.5 billion moves to UBS

The six-person team is leaving J.P. Morgan Private Bank in San Francisco.

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Why advisers are sacrificing momentum to change firms

It seems counterintuitive that an adviser or team who may be riding the wave of their 'best year ever' would change jerseys or break for independence. Yet it’s happening in record numbers.

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Duo managing $250 million at Wells Fargo joins Janney

Three sole practitioners managing $297 million in total are also moving to the firm.

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Merrill Lynch details adviser development program

With a fresh take on adviser training, Merrill Lynch expects to increase diversity while graduating 1,000 new advisers per year. These advisers will be located in-office and report to their local market executives.

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Merrill Lynch to launch new adviser training course, ends cold-calling

In keeping with the times, it appears that the practice of cold-calling is out and using social and business networking platforms like LinkedIn is in.

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Wells Fargo team managing $468 million joins Raymond James

The four-adviser group is moving to the firm’s employee unit in Augusta, Georgia and will operate as the Cypress Wealth Group.

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Morgan Stanley defies bank diversity trend

The leadership changes announced May 20 position a slate of potential successors to CEO James Gorman who are mostly white and male.

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Morgan Stanley CEO Gorman revamps leadership

Andy Saperstein, head of wealth management, was named co-president along with Ted Pick, head of trading, as Gorman positions a small group as his most likely successors.

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UBS to cut 700 jobs across wealth unit, investment bank

Over the next three years, the positions are expected to be eliminated in Switzerland alone, with the bulk at the corporate cost center and about 200 between wealth management and the bank’s Swiss unit for personal and corporate banking.

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UBS nabs $1.8 billion duo from J.P. Morgan

John Farrell and Joel East are joining the UBS branch in Fort Worth, Texas.

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Rockefeller adds UBS team managing $1.9 billion

Knowlton Knowlton & Larsen will be Rockefeller's first group of advisers in Boston.

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Trio managing $215 million at UBS goes indie at LPL

The Atlanta-based, woman-led team is affiliating through Gladstone Wealth Partners, an office of supervisory jurisdiction.