Meanwhile, Cetera has welcomed a family-run practice from Commonwealth, and a Merrill advisor joins an existing UBS team in Connecticut.
Also, Raymond James's employee advisor channel adds breakaways from Wells Fargo and Stifel, while UBS welcomes an ex-Morgan Stanley duo in Indiana.
Goldman's asset management arm is deepening its options-ETF bet, adding NEOS's $30 billion income lineup a year after buying Innovator's buffer ETFs.
JPMorgan's CEO is rallying corporate America around shared AI safeguards as banks report widening use of the technology in daily operations.
The proposals extend a wave of regulatory relief in 2026 that has already loosened capital requirements for community banks.
A 14-person Boston-based team ranked among the nation's top institutional consultants joins Merrill Private Wealth Management.
A whistleblower has alleged systemic pressure on mortgage staff to approve suspect loans
Meanwhile in Florida, Raymond James welcomed a multigenerational advisor group from Stifel, while Merrill reeled in Morgan Stanley advisors in the Chicago North and Nashville markets.
But management remains focused on UBS advisors’ ability to reel in new assets.
The four ultra-high-net-worth advisors from Bank of America Private Bank arrive as the Swiss lending giant continues to push deeper into US affluent banking.
“Ultimately, you just try to embrace collaboration,” said Greg Merrill of UBS.
AI Teammate is embedded within Wells Fargo’s Advisor Gateway desktop platform.
Elsewhere, Ameriprise added a $470 million Wells team in New York, while an ex-Morgan Stanley advisor bolsters UBS' Austin, Texas office.
Morgan Stanley was co-lead underwriter for SPCX, reportedly generating $100 million in investment banking fees.
Investment banking fees rose 30% on a wave of IPOs and megadeals, led by the largest public listing on record.
Meanwhile, Wells Fargo lures defectors from UBS and JPMorgan to expand in the East Coast, while another bank aligns itself with RayJay's financial institutions division.
Agentic AI is landing in trading, treasury and wealth management roles across major banks, with advisory functions as the next frontier.
Merrill's latest hires span Colorado to Louisiana, even as industry-wide recruiting data suggests the firm is losing almost as many advisors as it gains.
The tie-up, arriving days after BlackRock's own push to introduce new benchmarking tools, pairs MSCI's index expertise with UBS's alternatives book.
Elsewhere, a Commonwealth team in Massachusetts converts to Cetera, while Janney draws four former Wells Fargo advisors to its Radnor, Pennsylvania office.
