UBS Wealth Management

Awards and settlements are piling up even as the U.S. wealth management unit reports record profits.

At least 27 brokers have joined the firm, including a father-son team from UBS with $261 million in AUM.

The wirehouse outlines its competitive digital offer, but it's a defensive play, analysts suggest.

The regional broker-dealer has added at least a dozen ex-wirehouse advisers so far this year.

Stocks and Puerto Rican bonds are the focus of many cases among clients, advisers and firms.

The recruits left Morgan Stanley and UBS to go with the independent channel at Wells Fargo.

The platform provider added a breakaway RIA to score a victory in its battle with rival HighTower.

The firm picked up one adviser each from Merrill Lynch and UBS.

The recruit joined the bank’s private wealth management division after 14 years with the wirehouse.

Morgan Stanley, Merrill Lynch and the other wirehouses gained and lost several standout recruits.

The wirehouse also reported record revenue of over $2 billion for the recent quarter.

The wirehouse's new hires oversaw $466 million in client assets, according to a spokesman.

On Wall Street's annual ranking of successful young planners.

On Wall Street's annual ranking of successful young planners.

On Wall Street's annual ranking of successful young planners.

One suggestion planners say they are offering bullish clients: Don't be extreme.

The arbitration award comes a month after the wirehouse had to pay a similar amount to clients stemming from the sale of debt from the island commonwealth.

The new recruits previously generated $1.5 million in annual revenue at UBS, according to the regional brokerage firm.

"I lose years of my life. They can settle, write a check and move on," says an adviser whose book of business dropped by $40 million after he alleges he was wrongfully terminated.

The team accused the firm of preventing them from properly conducting business with their clients, a charge that a FINRA arbitration panel rejected.