Withdrawals at UBS' key global wealth management unit totaled almost $8 billion in the fourth quarter, with clients removing another $5 billion from asset management.
The data, which appeared in three spreadsheets linked on one of BlackRock's iShares web pages, included names and email addresses of financial advisers who buy BlackRock ETFs on behalf of customers.
Advisors, beware of vendors offering “soft” practice management services that are meant to help your business more than your clients. The SEC is watching.