Merrill Lynch rivals, particularly independent firms, still take swipes at the Thundering Herd's well-publicized difficulties of two years ago, but the fact is that the Bank of America unit is doing just fine these days, thank you very much...
Raymond James & Associates pulled off the upset of the year, beating Edward Jones for the top slot in employee satisfaction. RJ&A answered the question, “How would you rate your overall experience at the firm?”with, on average a nine out...
Well, this is a first. Edward Jones, which has ranked in at number one for 17 consecutive years in the popularity contest that is Registered Rep.'s annual broker report card, actually saw its rating drop by nearly a full point in 2010, to 8.5 out...
Despite rampant speculation to the contrary, the SEC is not planning to write any new rules on broker recruiting bonuses, SEC spokesman John Nester told Registered Rep. magazine on Friday. At least one firm was already using the threat that...
Late this afternoon, two advisors from UBS’ downtown Houston branch, David Harris and Ann Deaton—principals of Harris Financial Group—resigned from the firm to join their former UBS branch office manager, Patrick Mendenhall, at...
Gift and estate tax appeals to be centralized The Internal Revenue Service will centralize gift and estate tax appeals cases into two nationwide teams, according to John Schooler, an IRS appeals manager, who made the announcement at the annual...
Dear Colleagues, You're receiving this Wealth Management Resource Guide as part of your subscription to Trusts & Estates magazine. We know the WMRG will be an indispensable tool in your practice, helping you to quickly locate not only trust...
Wealth management firms can expect more competition from First Republic Bank following its imminent initial public offering. The firm, known primarily for its high-end lending business, plans to expand its wealth management division, it said in...
The major full-service brokerage houses are in various stages of recovery, whether from the financial crisis or merger integration. How are they doing? Check out our 20th Annual Broker Report Cards.
Ria firms are beginning to see some recovery in revenue, but profit margins haven't picked up. Firms are turning to technology for new efficiencies as they look for growth.
