UBS nabs $2 billion team from BofA private bank
The seven-person group will join its Newport Beach, California, office.
A seven-person team managing $2 billion at Bank of America’s private bank has joined UBS in Newport Beach, California.
The team is led by Thomas J. Nieto, a 25-year veteran of BofA’s private bank and its predecessor, U.S. Trust, and Frederick D. Grand Jr.
[More: Adviser recruitment on track for record-breaking year]
Women most interested in social and environmental factors of ESG
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InvestmentNews is six-time finalist for business journalism awards
The publication was cited for overall editorial excellence, best commentary, best work by a single author, and art direction.
SEC charges Texas RIA with fraud
Knight Nguyen Investments and its owner claimed to be experts in alternative investments.
ESG options in 401(k)s could boost contributions, Schroders finds
Ninety percent of plan participants who are aware of ESG choices said they invest in them.
U.S. Capital Advisors acquires $1.4 billion RIA
The company will merge Legacy One Financial Advisors into a subsidiary, USCA RIA, and rename the merged entity U.S. Capital Wealth Advisors.
Average retirement balances hit record in Q1: Fidelity
Year-over-year values are up more than 30% across more than 30 million IRAs, 401(k) and 403(b) accounts.
