News
Morning Brief: Cetera Searches for New CEO
Top stories from around the web.
Wirehouse to Wirehouse: UBS Picks Up Big Boston Team from Morgan Stanley
In addition to losing a Beantown duo said to be producing $3.5 million, Morgan Stanley bid farewell on Friday to a Boston complex manager who joined Raymond James.
Wells Team in New York Generating $5.5 Million Joins First Republic
Long-time partners George Fuchs and David Schulman, who have worked together since the late 1990s at Dean Witter and Smith Barney, had been serving clients with $1.5 billion at Wells Fargo.
Warren Proposes Universal Child Care Plan Funded by Wealth Tax
Democratic presidential candidate Elizabeth Warren proposed a universal child care plan that would limit American families’ expenses to 7 percent of income regardless of how many children they have in care — paid for by a tax on the ultra-wealthy.
Morning Brief: Non-U.S. Markets Rise on President’s Day
Top stories from around the web.
Morning Brief: Doom and Gloom Shadow Markets’ Year-to-date Vigor
Top stories from around the web.
Top Stories of the Week: Ex-Merrill Star Tom Buck Sentenced, UBS Indie, Merrill Exec Comp, And Others
Most popular stories from 2/10 to 2/16.
Another Credit Suisse Transplant Leaves Wells Branch Near Philadelphia
Bill Lane, who migrated to Wells Fargo Advisors with three partners following the demise of Credit Suisse Securities, left their Radnor, Pennsylvania branch on Thursday to start a “multi-family office” with a small RIA.
UBS Team Overseeing $274 Million Goes Indie with RayJay in Houston
The departure of the two advisors follows the exit of a $730-million asset team in Ohio earlier this week from from the Swiss bank’s U.S. brokerage operation.
The Best-Paid Hedge Fund Managers Made $7.7 Billion in 2018
Even for this Gilded Age of 0.0001 percenters, Kenneth Griffin drips money. The hedge-fund mogul recently closed on a New York penthouse for an eye-watering $240 million. Before that he picked up a $122 million London mansion. He can hang his $200 million Pollock in one and his $300 million de Kooning in the other.
Morning Brief: Buffett’s Business Partner Disses Active Investing
Top stories from around the web.