Morgan Stanley Dean Witter veteran Jeff Swartz takes reins of three Boston branches while his Beantown counterpart Joe Malarney, who has Smith Barney roots, shifts to oversee six offices in coastal towns.
They said it revealed some patterns that could help investors avoid credit-rating downgrades or defaults without reading through hundreds of pages of reports.
Broker who left with three others last month allegedly took client data prior to setting up a registered investment advisory firm.
The firm’s 15,700 advisors have uncovered $60 billion in external client assets using new technology tools, chief financial officer Jonathan Pruzan said on Wednesday.
Wirehouse’s unified managed account platform expands to portfolios from nine outside asset management companies.
After 14 years with Goldman Sachs, David Midgley decamped with two other advisors for what a headhunter said was “more flexibility” in terms of succession planning and product choice.
Shifts of veteran managers to run crucial markets appears to be accelerating in a sign of contracting bench talent.
Curtis Mason takes over as assistant complex manager of a branch with almost four times as many brokers as he had been managing in Oregon.