Daniel Laiter will join Alex Brown's Brickell Avenue branch in Miami.
UBS reported that it had 6,245 financial advisors in the Americas region at the end of last year, little changed from 6,218 at the end of 2021.
According to Robert Earl Turner's BrokerCheck profile, UBS has settled six disputes with his customers for close to $12 million.
The Klinger Quan Group, which manages more than $1.3 billion, joins in San Francisco, while David Sacharko and Sean Siana, with $340 million, join in Hartford, Connecticut.
Jeanne Eisele, Mary Gilbert and Leanne Gray operate as Anchor Financial in Linwood, New Jersey.
The firm is the latest bank to require individual staff to bear some of the burden of an unprecedented regulatory investigation.
Nearly a year after it announced plans to enter the ETF space, the wirehouse is banking on its Calvert brand to carry the day.
Staffers earning up to $500,000 a year will share in a pool of restricted stock, according to a memo from CEO Brian Moynihan.
Cory Triolo and Tim Checko are joining the IBD's investor and investment solutions team.
The firm posted record net revenue in wealth management last year, in contrast to investment banking, where it saw a 49% decline in revenue during the fourth quarter.
Advisors at Wells Fargo have been under a cloud since 2016, when the bank's fake-account scandal erupted.
The wealth management franchise at Bank of America continued to perform well in 2022 despite the stock market sell-off.
Joseph Michael, who had worked at a JPMorgan bank branch in Michigan, has already persuaded about 32 clients to begin transferring their accounts, according to a complaint filed in court.
Morgan Stanley was penalized for failing to catch excess sales charges and fees from mutual fund transactions between 2015 to 2021.
The bank's settlement with the Consumer Financial Protection Bureau deals with a variety of allegations and includes a $1.7 billion fine that's the biggest in CFPB history.
I’m grateful to have led the remarkable team at InvestmentNews as editor-in-chief in 2022, and we have great expectations for 2023.
The liquidity issue is squarely in the laps of financial advisers who have never had to deal with the difficulties posed by nontraded REITs before.
As the U.S. braces for a recession, Morgan Stanley is reducing its global head count.
An investor alleges the firm made unauthorized trades. The Finra arbitration decision comes as the regulator is conducting an exam sweep on options.
The groups that Hassan will take responsibility for were previously part of the global wealth-management operation.
