John Aidan Byrne

John
Aidan Byrne
Articles
UBS Betting Big On Asia
The head of the U.S. wealth management division was its highest paid executive this year, but the Swiss bank is placing its future bets on emerging markets.
UBS’ U.S. Brokerage Boosts Profits, Boasts Most Productive Advisors
Despite global market conditions that lowered asset-based fees and transaction-based income, UBS Wealth Management Americas ended 2011 on firmer footing, earning $573 million for the year on revenues of $5.96 billion.
Advisor, and Bully Beater, Mark Matson, Coming Soon to PBS
If you don’t know Mark Matson, CEO of Matson Money, a Cincinnati-based investment advisory firm with some $3 billion in AUM, it’s not his fault.
Aite Group: What’s in store for 2012
Margin pressure, upheaval in advisory business models, lack of certainty in the market – most of the current trends in the wealth management industry can be traced back to the global financial crisis in 2008. Three years after the world fell apart, the industry is still adjusting to the aftershocks.
McCann Reassures UBS FAs as His Profile Grows with New Appointment
Robert J. McCann’s responsibilities at Swiss bank giant UBS dramatically expanded with a new appointment Thursday. CEO since October 2009 of UBS Wealth Management Americas (WMA), McCann was appointed to the additional role of CEO of the entire Americas Group today as part of a larger management shuffle instituted by the new CEO Sergio Ermotti.
UBS: Going Mobile with an FA App
Financial advisors at UBS Wealth Management Americas (WMA) are about to go more mobile -- in a far-reaching pilot program that enables them to use an extensive array of UBS tools and other applications. At the heart of the technology is an application engineered by a Silicon Valley startup.
Rep-as-Portfolio Manager Programs Taking Off
Despite the compliance hurdles, more than one third of financial advisors see direct handling of clients’ assets by FAs acting as their portfolio managers clearly outpacing other fee-based management styles in the next three years, according to a new survey by the Aite Group.
Celebrity Client Nightmare
Watch out for high-profile clients. If you make any missteps and they decide to wield their influence, it could really hurt. One financial advisor's tale.
Advisors Go Mobile
More and more financial advisors are using smart phones and tablets to do business with clients.
Financial Advisors Embrace Mobile Computing
Financial advisors are finally catching up with their clients in mobile computing. They are accelerating their use of mobile communications gadgets, and prepared to buy a whole lot more, according to a new survey by Aite Group. That emerged today as one in three FAs said they had recently switched from standard mobile to smart phones and tablet devices for accessing business applications, according to the survey.
UBS Says Headhunters Playing Dirty, Unfairly Smearing the Firm
The U.S. wealth management arm of UBS is accusing some headhunters of playing dirty tricks. That’s as the business, UBS Wealth Management Americas (WMA), rides out the sensational trading scandal at the London offices of UBS, pushing forward with recruitment plans and gathering assets, people familiar with the firm told Registered Rep.
McCann Memo Aims to Reassure Jittery UBS Brokers
Financial advisors at the U.S. brokerage arm of UBS, which is reeling from a $2.3 billion trading scandal, have been told by their CEO Bob McCann that the “situation is frustrating and unacceptable
UBS: Back on Track
Bob McCann is ready to declare a small victory in the UBS turnaround story, but he's still got a long road ahead. He gives the firm's financial advisors much of the credit.
UBS Wealth Management on the Turnaround
UBS Wealth Management Americas continues to improve, today reporting pretax profit of $165 million for the second quarter ended June 30. That compares with a loss of $61 million in the same period last year—and a jump of 39 percent from the first quarter of this year when the brokerage unit had pretax profit of $119 million.
Online Brokerages Still Grabbing Market Share From Wirehouses
New research from Aite Group shows that the online brokerages continue to take market share of wealth management assets from the wirehouse firms—something that surprised Aite Group analysts.
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