UBS Wealth Management

“This is a chance to redesign core systems, some of which go back to PaineWebber,” says Tom Naratil, president of UBS Wealth Management Americas.

Clients have filed hundreds of similar claims against UBS since 2013, with aggregate damages of $2.6 billion.

The new hires come almost a year after the two firms quit the Broker Protocol.

Recruiter Michael King discusses which firms have the most brand value, and where young recruits would be wise to look to start a career. He offers his insights as we continue the dialogue from our Recruiters Roundtable.

Men dominate the largest financial institutions and the situation is even worse at family offices.

The regional BD has picked up 15 advisors this month alone.

The move puts the Swiss bank more in sync with practices at regional brokerages.

The new hires build on the firm’s recent recruiting successes.

The lawsuit illustrates the persistence of such accusations among the nation’s more than 600,000 securities brokers.

To fill the gap, they are looking at the existing debt market with fresh eyes, tapping into potentially overlooked asset classes.

The bank is selling the technology behind its U.K.-based digital advice business to SigFig, a Silicon Valley startup.

The brokerage firm is holding off on making major changes while regulatory frameworks shift once again.

The case is a legacy of the fallout from Puerto Rico's bond crisis and the performance of UBS closed-end funds.

Clashes over the Labor Department's fiduciary rule have carried over into the debate on the SEC's proposed regulation.

The advisor used about $410,000 to pay back investors in Ponzi-like fashion to keep the scheme alive, the regulator says.

The boutique wealth manager has been aggressively courting top brokers.

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

The firm tapped the co-working company WeWork to design new offices, which span more than 100,000 square feet.

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

CEO Sergio Ermotti said UBS had begun to cut costs following the merger of the U.S. and international wealth management divisions.