UBS Wealth Management

Apps aimed at the very wealthy have lagged behind those for other groups, but there's interest in developing them, especially ones that track total net worth.

Gauthier Vincent, Principal and Wealth Management Leader, Deloitte Consulting LLP, Deborah Waters, Global Head of Private Bank Operations and Technology, Citi, Kraleigh Woodford, Managing Director Head of Digital Client Experience, UBS WM USA

Clients may be compelled to sell their shares as nearly 90% of the products have experienced losses this year.

The only other fund of its kind has $269 million in assets, a figure that’s ballooned roughly 1,700% this year.

The No. 1 IBD’s top recruiting executive announced his retirement after the firm disclosed some mixed recent results.

The firm scaled back its investment bank after the financial crisis to reduce risk and focus on its large wealth-management business.

The smallest of UBS’s operating divisions is said to have eliminated at least 100 positions in areas including distribution over recent months.

Wirehouses have made some recruiting mistakes in recent years. Meanwhile some aspects of corporate strategy are being done right in certain pockets of the industry. Danny Sarch offers his insight as we continue the dialogue from our Recruiters Roundtable.

If wirehouses decided to adopt a salary-plus-bonus compensation model, how would they do it?

The regional firm's latest hires include several veteran financial advisors.