John Aidan Byrne

Aidan Byrne
Q&A: Bob Mulholland
The head of UBS's wealth management division on his aspiration to double advisor productivity, growing the firm’s fee-based business and how demographic trends will challenge the business.
UBS Wealth Management Posts Record First Quarter Profit, Assets
UBS Wealth Management Americas (WMA) reported record pretax profit, invested assets and operating income in its first quarter earnings, as it posted another straight quarter of positive net new money.
Gallery: High Times on Wall Street
One indicator that good times are once again rolling on Wall Street? Pricey rehab facilities for stressed-out financial types are filling up fast.
UBS Wealth Management Posts Yet Another Record Quarter
Managing money for the rich is paying off for UBS.
UBS Wealth Management Profits Rise
UBS Wealth Management Americas (WMA) crossed the threshold in the first quarter with a string of new records: pretax profit of $251 million, net new money of $9.2 billion, and invested assets of $891 billion.
UBS Wealth Management Tops $1 Million Revenue Per Advisor
The milestone for the profitable U.S brokerage division comes even as its Swiss-based parent firm posted an overall loss. Bob McCann's strategy of paying for premium brokers seems to be working.
Gallery- Aite Group: Top 10 Wealth Management Trends for 2013
Wealthy Americans are on edge, worried about their investments as Washington drags its heels on a permanent deal to avoid a fiscal-cliff type disaster. So not surprisingly, the economy and the politics of wealth are among this year’s Top 10 trends to watch, according to a new report by the Aite Group. On the plus side: advances in trading and technology.
From Hollywood to the Boardroom
One advisor's journey from TV to the wealth management business.
DIY Platforms Are Gaining the Mass Affluent
Pressure to serve only the wealthiest, wirehouses are ceding the mass affluent to the independent, DIY brokerage platforms. Indeed, “direct” brokerages are beginning to offer more advice.
No Boiled Water Necessary: After Calamity, NYSE Market-Makers Come Through; FAs in Sandy's Path Man Up
As Hurricane Sandy brutally pounded the North East coast of America, fears of another Facebook or Flash Crash-style technology disaster played heavily on the decision to shut down US stock exchanges...
UBS Financial Advisors Shine in Third Quarter
UBS suffers, but brokerage unit, retail financial advisory business performs well in third quarter.
Morgan Stanley Makes Big Bet on Retail Financial Advisors
Morgan Stanley and Citigroup today laid the groundwork for Morgan Stanley’s eventual full ownership of their joint brokerage venture, Morgan Stanley Smith Barney, announcing a deal
More advisors, higher profits at UBS
The US wealth management division of UBS AG reported record second quarter pre-tax profits today of $211 million on $1.59 billion in revenue as it brought new advisors on board.
UBS Brokerage Breaks Profit Record

UBS Wealth Management Americas (WMA) expanded its advisor force by 48 to 7,015 financial advisors in the last quarter as the brokerage unit of the Swiss banking giant posted both record pre-tax profit and invested assets. In first-quarter earnings released today, UBS WMA reported a pre-tax profit of $209 million -- up 34 percent from $156 million in the fourth quarter, and an increase of 75 percent from $119 million a year ago. It had invested assets of $807 billion, up seven percent from $756 billion in the fourth quarter of 2011.

Management Shakeup at UBS Wealth-Management Americas
A management shakeup by CEO Bob McCann at the Americas brokerage unit of Swiss bank UBS AG will see two of his top executives assume more direct responsibility over its financial advisors, according to people familiar with the changes.
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