UBS
Morgans (Stanley and J.P.) Lure $4-Mln-Plus Teams from UBS and Merrill
Five-million-dollar Boston team leaves UBS for Morgan Stanley while $4.1-million Florida duo lead team from Merrill to J.P. Morgan Securities.
Wells Hires from UBS, RBC from Merrill, LPL from Ameriprise
Broker who jumped to Wells in Ohio had been managing $258 million in assets, while newly minted RBC brokers had managed $192 million.
UBS Has Begun Search for a Successor to CEO Sergio Ermotti
UBS Group AG is searching for a successor to Chief Executive Officer Sergio Ermotti, the latest European bank to consider changes at the top in an industry beset by sluggish growth.
First Republic Puts Big California Producer on Leave
Paul Feinstein, a $5 million-dollar producer who joined First Republic three years ago from UBS, was known for leveraged options strategies for some wealthy clients.
Wells Lures $3-Mln UBS Advisor in Connecticut
Forbes-ranked sole practitioner with 33 years of experience has been marketing his expertise to women investors.
UBS Elevates Boston Manager in New England Shuffle
Complex manager James E. Ducey expands his territory with seven branches in Maine, New Hampshire and Vermont.
Morgan Stanley, Merrill, UBS Lose Teams to J.P. Morgan, RayJay and Rockefeller
Father-daughter team in New York join another Morgan Stanley alum at J.P. Morgan, Merrill advisor in Virginia producing $1.7 million arrives at Raymond James, and Rockefeller hires a $1.2 million producer in Washington.
UBS Recruiting Sweep Nets Brokers, Private Bankers with $29.6 Mln
Four of the advisors UBS hired since late November came from private banks and mass-market brokers.
UBS Private Wealth Team in San Francisco Jumps to Wells Fargo
Two brokers producing $5.3 million in UBS’s “private wealth” unit shift to a new unit of Wells Fargo Advisors focused on the very rich.
UBS Eases Out Insurance Sales Head, Shuffles Los Angeles Managers
UBS AG’s private wealth job cuts include U.S. insurance product veteran, and reorganization of U.S. field managers extends into southern California.
Raymond James Swallows Expense Rise to Propel Private Client Growth: CEO
Compensation and administrative expenses in Raymond James private client division jumped 7% last quarter, and profit was down 7%, but firm has no plans to retrench.
