| Wirehouse | Q3 2011 | % change vs. Q4 2010 | % change vs. Q3 2010 |
|---|---|---|---|
| Bank of America Merrill Lynch | 16,722 | 7.8% | 8.0% |
| Morgan Stanley Smith Barney | 17,2911 | -4.2% | -4.6% |
| Wells Fargo Advisors | 15,188 | -0.3% | 1.0% |
| UBS Wealth Management, Americas | 6,913 | 1.7% | 1.9% |
| Total | 56,114 |
| Wirehouse | Q3 2011 | % change vs. Q4 2010 | % change vs. Q3 2010 |
|---|---|---|---|
| Bank of America Merrill Lynch | $1,452.1 | -4.2% | -1.0% |
| Morgan Stanley Smith Barney | $1,564.0 | -6.3% | -2.4% |
| Wells Fargo Advisors | $1,100.0 | -4.3% | 3.1% |
| UBS Wealth Management, Americas | $686.0 | -7.0% | -7.7% |
| Total | $4,802.1 |
| Wirehouse | Q3 2011 | % change vs. Q4 2010 | % change vs. Q3 2010 |
|---|---|---|---|
| Bank of America Merrill Lynch | $86.8 | -11.1% | -8.3% |
| Morgan Stanley Smith Barney | $90.5 | -2.2% | 2.2% |
| Wells Fargo Advisors | $72.4 | -4.0% | 2.1% |
| UBS Wealth Management, Americas | $99.2 | -8.6% | -9.4% |
| Total | $348.9 |
| Wirehouse | Q3 2011 | % change vs. Q4 2010 | % change vs. Q3 2010 |
|---|---|---|---|
| Bank of America Merrill Lynch | $892.0 | -2.3% | 5.4% |
| Morgan Stanley Smith Barney | $747.0 | 0.7% | 8.9% |
| Wells Fargo Advisors | N/A | N/A | N/A |
| UBS Wealth Management, Americas | N/A | N/A | N/A |
It’s a ruthless competition for advisors right now, with buyers promising top dollar to advisors willing to sell.
Vanilla, SS&C and FinTurk are rolling out a mix of agentic and AI-assisted features aimed at planning gaps, client insights, and manual account monitoring.
David Haughton, formerly of Carson Group and Commonwealth Financial Network, takes on VP of engagement role at Hargrove MSO, a subsidiary of Hargrove Firm.
Retirement plan clients may not grasp what fiduciary duties they keep when joining a PEP.
OnePoint BFG has added a $400 million team from Northwestern Mutual while Modern Wealth scooped a veteran-led team overseeing nearly $710 million in assets.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
