Private banks

The venture would mark a return to private banking on U.S. soil after an agreement to transfer its U.S. brokerage to Wells Fargo in 2015.

They have begun eyeing clients with $1 million and less.

Despite ongoing consolidation among investment management platforms, the fintech's chief executive says there's plenty of space to serve advisors who have clients with complex needs.

The team joined AdvicePeriod, which has more than two dozen advisors and $2.2 billion in AUM.

The firm is embracing a playbook beloved by hedge funds: a slew of options trades.

The merged operation will be run by someone yet to be named who will report to Jon Weiss, head of wealth and investment management.

Russell Goldsmith plans to be “quite active” after handing over the top job to his successor in three months.

The advisors agreed not to solicit clients and to return confidential information to the bank.

The bank said it thoroughly investigates all complaints of impropriety after a report said the company is failing to treat some of its female employees fairly.

The two advisors have already transferred about $160 million in client assets, according to their former employer.

Christopher Rollins worked for Goldman Sachs for 16 years and rose to be a managing director before the firm fired him in February 2017.

UBS wades into relative-value strategies with short-term structured notes

In an era of extreme affluence, elite money managers are vying for the hyper-rich as never before.

Most say they’d still consider investing even if they discovered issues with sexual harassment.

Despite leaving the Broker Protocol, UBS continues to selectively recruit high-end teams.

The unit will provide specialized services for private banking, international and institutional clients."

The new hire is part of the bank's push to expand the wealth management business.

The advisers once oversaw approximately $750 million in client assets, according to Barron's.

Karen Dixon will oversee private wealth management services in Texas.

Tom Scaturro will lead Key Private Bank market teams in Florida and the Hudson Valley/metro New York region.