UBS

The shake up could strand investors with hard-to-trade securities.

The firm was defined by a culture of “no, no, no,” a top headhunter says as part of On Wall Street’s annual recruiters roundtable.

BMO Wealth Management aims to modernize its investment service and give planners better equipment. Others offering automated advice solutions include UBS, Wells Fargo and JPMorgan.

Dean Hoover is the latest advisor to join the Raymond James-affiliated independent firm.

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

The firm is seeking to buy wealth management assets more aggressively after gaining greater clarity from global regulators on how much capital the bank will need over coming years.

The bank sometimes ignored the advice of its own diligence vendors in packaging and selling loans.

The broker-dealer has been scooping up talent from its rivals for months.

James Van Steenhuyse will oversee the firm's planned growth in the region.

“They aren’t investing like they should and they have really tepid projections for future stock market returns,” advisor Austin Colby says.

“For progress, we need to make people just the right amount of uncomfortable," says Erika Karp of Cornerstone Capital Group.

It's a sign the firm is still selectively hiring despite leaving the Broker Protocol last year.

After both firms exited the Broker Protocol, their attempts to browbeat advisors have largely failed, one recruiter argues.

Rival firms like Ameriprise could stand to gain as advisors adapt to new recruiting realities.

The firm is the latest to adopt new technologies into the client-advisor relationship.

Strengthened legal language recently added to bonus agreements will be removed, according to people familiar with the matter.

The move could help the firm block former advisors from contacting clients.

Thanks to differentiated bets on stocks, equity mutual funds beat benchmarks across the board.

"Simply put, the plaintiff here is looking to be paid the same money twice," a spokeswoman for the Swiss firm says.

A couple in their 60s had vastly different plans for retirement: One spouse envisioned Florida, the other Chicago.