UBS

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

The move marks the fifth new office added by the hybrid RIA this year.

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

Nearly three-in-four advisors (73%) do not have a succession plan in place.

Alexandra Court had been promoted to global head of institutional distribution in 2016, a move accompanied by about two dozen job cuts in that division.

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

Banks such as UBS aim to offer money managers refuge from jittery markets by combining bonds with more exotic options.

Scheduling freedom allows for more time with the kids, say those in the industry.

Clients thought they were investing in real estate developments that would be flipped for profit.

Our annual analysis of starting payouts for wirehouse, regional and national brokerage firms.

A retail RIA and robo retirement combination could be a game-changer.

Our annual analysis of starting payouts for wirehouse, regional and national brokerage firms.

Wirehouses are losing talent as advisors look to escape bank-owned firms.

Our annual analysis of starting payouts for wirehouse, regional and national brokerage firms.

Wall Street whistleblowers just got another reason to take their gripes directly to the SEC.

Our annual analysis of starting payouts for wirehouse, regional and national brokerage firms.

The firm’s CEO is counting on growth at the investment bank to drive future returns.

The bank is seeking to boost efficiency and growth by combining two wealth management businesses into a single one known as Global Wealth Management.

The claim alleged negligence, fraud and misrepresentation, according to the regulator.

One of the biggest notable losses came from Merrill Lynch, which lost a team managing $1 billion to the independent space.