In this section we present key findings and insights from our survey questions on practice management and operations, including services offered, the most time-consuming activities, professional designations, custody relationships and documentation trends.
Multiple publications have reported recently that the massive switching of firms in the advisor population will subside this year, and that 2010 will be about staying put and focusing on growing your books. For top producers, wirehouse recruiting...
UBS’ U.S. wealth management division posted income of CHF $178 million in the fourth quarter of 2009, up 62 percent versus the year ago quarter. Clients continued to withdraw significant assets from the firm both in the U.S. and around the...
UBS’s Wealth Management Americas division is aiming to bolster the Swiss bank’s brokerage, internally announcing significant management changes on top of a substantial reorganization: It consolidated three brokerage regions into two...
UBS’s Wealth Management Americas division, aiming to bolster the fortunes of the Swiss bank’s brokerage, today internally announced significant management changes on top of a substantial reorganization: It consolidated three brokerage...
Bank of America plans to add 2,000 new brokers in 2010, mostly trainees. One analyst says Merrill may want these hires to help with BofA’s cross-selling efforts.
Ameriprise has long been dismissed, by some, as a place for unsophisticated advisors to push proprietary products. A recent change in strategy may challenge that stubborn stereotype.
Family teams are common in the wealth management industry and getting more so. Hiring family members can be an easy solution to finding a trustworthy partner and a successor. But there are drawbacks.
Barclays Wealth hired Linda Willis Eydt as director and regional manager of its Atlanta office. Prior to joining Barclays, Eydt served as executive director and branch office manager at UBS Financial Services...