Wirehouse http://wealthmanagement.com/taxonomy/term/39431/more en Morgan Stanley Hires Financial Advisors from JP Morgan Chase http://wealthmanagement.com/people/morgan-stanley-hires-financial-advisors-jp-morgan-chase <div class="field-byline"> Reuters </div> <div class="node-body article-body">Morgan Stanley Wealth Management said it had appointed financial advisers Michael Zalkind and John Williams to its Aventura, Florida office.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/people/morgan-stanley-hires-financial-advisors-jp-morgan-chase" target="_blank">read more</a></p> http://wealthmanagement.com/people/morgan-stanley-hires-financial-advisors-jp-morgan-chase#comments People Wirehouse Mon, 20 Oct 2014 16:56:00 +0000 685381 at http://wealthmanagement.com Copyright Stephen Chernin, Getty Images Morgan Stanley Hires Vivien Webb as Head of Sales China and Hong Kong http://wealthmanagement.com/people/morgan-stanley-hires-vivien-webb-head-sales-china-and-hong-kong <div class="field-byline"> Reuters </div> <div class="node-body article-body">Morgan Stanley said Vivien Webb has joined the company's Private Wealth Management department as a managing director and head of sales for China and Hong Kong.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/people/morgan-stanley-hires-vivien-webb-head-sales-china-and-hong-kong" target="_blank">read more</a></p> http://wealthmanagement.com/people/morgan-stanley-hires-vivien-webb-head-sales-china-and-hong-kong#comments People Wirehouse Mon, 20 Oct 2014 09:21:00 +0000 684821 at http://wealthmanagement.com Morgan Stanley's Performance Soars During Third Quarter http://wealthmanagement.com/wirehouse/morgan-stanleys-performance-soars-during-third-quarter <div class="node-body article-body">Morgan Stanley’s third quarter financial performance blew past expectations, reporting a net income of $1.71 billion, up from $889 million a year earlier.</div> <div class="field-stocksymbols"> <span>Stock Symbols:&nbsp;</span> MS </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/wirehouse/morgan-stanleys-performance-soars-during-third-quarter" target="_blank">read more</a></p> http://wealthmanagement.com/wirehouse/morgan-stanleys-performance-soars-during-third-quarter#comments Wirehouse Fri, 17 Oct 2014 14:51:00 +0000 683781 at http://wealthmanagement.com Majority of Merrill's New Hires Going Into Team Training Program http://wealthmanagement.com/wirehouse/majority-merrills-new-hires-going-team-training-program <div class="node-body article-body">Six out of 10 new Merrill trainees are going into the firm's team-based program, but the firm says there are no plans to phase out its long-time Practice Management Development (PMD) program. </div> <div class="field-stocksymbols"> <span>Stock Symbols:&nbsp;</span> BAC </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/wirehouse/majority-merrills-new-hires-going-team-training-program" target="_blank">read more</a></p> http://wealthmanagement.com/wirehouse/majority-merrills-new-hires-going-team-training-program#comments Wirehouse Thu, 16 Oct 2014 15:51:00 +0000 682561 at http://wealthmanagement.com Photo by Mario Tama/Getty Images Wells Fargo Brokerage Profits Up 22 Percent http://wealthmanagement.com/wirehouse/wells-fargo-brokerage-profits-22-percent <div class="node-body article-body">Wells Fargo’s wealth, brokerage and retirement (WBR) division reported a $550 million profit for the third quarter, up 22 percent from the $450 million reported a year earlier.</div> <div class="field-stocksymbols"> <span>Stock Symbols:&nbsp;</span> WFC </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/wirehouse/wells-fargo-brokerage-profits-22-percent" target="_blank">read more</a></p> http://wealthmanagement.com/wirehouse/wells-fargo-brokerage-profits-22-percent#comments Wells Fargo Wirehouse Tue, 14 Oct 2014 13:30:00 +0000 680021 at http://wealthmanagement.com Photo by Justin Sullivan/Getty Images Morgan Stanley Names New M&A Heads for Asia Pacific http://wealthmanagement.com/wirehouse/morgan-stanley-names-new-ma-heads-asia-pacific <div class="field-byline"> Reuters </div> <div class="node-body article-body">Morgan Stanley has promoted Richard Wong and James Tam to be its new co-heads of mergers and acquisitions for the Asia Pacific region</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/wirehouse/morgan-stanley-names-new-ma-heads-asia-pacific" target="_blank">read more</a></p> http://wealthmanagement.com/wirehouse/morgan-stanley-names-new-ma-heads-asia-pacific#comments Industry Morgan Stanley Wirehouse Tue, 14 Oct 2014 04:00:00 +0000 679501 at http://wealthmanagement.com Mario Tama/Getty Images Engaging the Silent Partner http://wealthmanagement.com/wirehouse/engaging-silent-partner <div class="field-byline"> Peter McDougall </div> <div class="field-deck"> Both partners need to participate if you are going to develop a financial plan for a couple </div> <div class="node-body article-body">Roughly one in four couples share in their financial decisions according to a recent UBS Investor Watch study. For the rest, one partner or the other tends to take the lead—or the couple makes separate decisions. </div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/wirehouse/engaging-silent-partner" target="_blank">read more</a></p> http://wealthmanagement.com/wirehouse/engaging-silent-partner#comments Wirehouse Fri, 10 Oct 2014 14:27:00 +0000 676941 at http://wealthmanagement.com Szepy/iStock/Thinkstock Are You Being Compensated Appropriately? http://wealthmanagement.com/wirehouse/are-you-being-compensated-appropriately <div class="field-byline"> Peter McDougall </div> <div class="field-deck"> Charging too little can cost you big in the long run </div> <div class="node-body article-body">Everyone likes a bargain, so it’s not surprising that some financial advisors think the best way to successfully build a client base is to charge the lowest fee possible.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/wirehouse/are-you-being-compensated-appropriately" target="_blank">read more</a></p> http://wealthmanagement.com/wirehouse/are-you-being-compensated-appropriately#comments Wirehouse Fri, 10 Oct 2014 14:17:00 +0000 676931 at http://wealthmanagement.com birdigol/iStock/Thinkstock Morgan Stanley Uses Client Cash to Chase Private Equity Profits http://wealthmanagement.com/wirehouse/morgan-stanley-uses-client-cash-chase-private-equity-profits <div class="node-body article-body">Morgan Stanley is embracing the financial reforms intended to curb its animal spirits to generate bigger profits.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/wirehouse/morgan-stanley-uses-client-cash-chase-private-equity-profits" target="_blank">read more</a></p> http://wealthmanagement.com/wirehouse/morgan-stanley-uses-client-cash-chase-private-equity-profits#comments Wirehouse Asset Management Thu, 09 Oct 2014 18:47:00 +0000 676091 at http://wealthmanagement.com <p>Morgan Stanley Chief Executive James Gorman</p> Raymond James Names New Management in Regional Reorg http://wealthmanagement.com/wirehouse/raymond-james-names-new-management-regional-reorg <div class="field-byline"> Reuters </div> <div class="node-body article-body">Raymond James &amp; Associates, the traditional employee broker-dealer arm of the brokerage and financial services holding company Raymond James Financial, said on Monday it named two new regional directors as one veteran director retires and the fast-growing firm redraws its map of U.S. regional market areas.</div> <div class="og_rss_groups"></div><p><a href="http://wealthmanagement.com/wirehouse/raymond-james-names-new-management-regional-reorg" target="_blank">read more</a></p> http://wealthmanagement.com/wirehouse/raymond-james-names-new-management-regional-reorg#comments People Raymond James Wirehouse Tue, 07 Oct 2014 13:49:00 +0000 672971 at http://wealthmanagement.com