Bank of New York Mellon Wealth Management will open a new office in Dallas early next year, and is also looking to expand in Florida, Southern California and the Washington, D.C. metro markets, according to chief executive Larry Hughes.
If the cobbler’s kids run around barefoot, the financial advisor’s kids may be a little nervous about their college funds right now. A surprising number of financial advisors are not prepared financially for a year that likely will...
The gift that ultra-high-net-worth investors want most this holiday season is one step closer to reality: imminent congressional action on new estate tax rules.
HighTower Advisors, the fast-growing and well-funded Chicago-based advisory firm, has raised its profile again, hiring top recruiting executives from Charles Schwab and LPL Financial as it plans to open six new offices by April 2011.
Mergers can be difficult. So it's no surprise that our annual broker report card shows that some financial advisors are less than thrilled with the state of affairs at MSSB — especially veteran Smith Barney folks. Indeed, 72 percent of those...
Advisor satisfaction at Wells Fargo Advisors hasn't changed much from last year, and that's not good. Last year, advisors gave it a 5.5 rating out of 10, and this year they gave it a 5.7, putting it in second to last place among the six brokerages...
Just over 12 months ago, financial advisors at UBS were desperately searching for direction and leadership. Today, many UBS advisors seemed to have found that missing direction under CEO Bob McCann, the ex-Merrill brokerage chief. One UBS advisor...