Economy

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

The firms may or may not be vying against one another, but their advisor forces are moving in different directions.

The IBD network disclosed the renewal of its clearing agreement, along with three firms’ intention to self-report possible mutual fund violations to the SEC.

The firm promoted two insiders: David Sliney and Jim Marischen.

Firms designated as “taping firms” due to the high number of brokers they hired from disciplined firms may soon have their status as taping firms disclosed in BrokerCheck.

Brokerage industry records list one of the winners works at the firm's clearing house in San Jose.

The senior executives joined their former chief at Cresset Capital Management’s newly formed multifamily office.

The firm, which has opened five new offices and acquired a firm this year, is putting another familiar face on its executive committee.

“The industry has not done any favors to young advisors,” says independent advisor Douglas Boneparth.

Raymond James, Janney, Ameriprise and Stifel are all racking up impressive hires from the wirehouses.

The largest firms’ combined VA and FA revenues hit a three-year low in 2017, but the products still make up a significant portion of their businesses.

The firm’s partners met while employed as advisors at Merrill Lynch, and later switched to Wells.

One of the firm's two new executives is a wirehouse veteran who started her career at Merrill Lynch in 1990.

Blucora CEO John Clendening says the cuts to head count should taper off by next year, when the firm will have dropped as many as 1,000 reps in 16 months.

The barred onetime Questar Capital and Woodbury Financial rep had pleaded guilty to the scam, which he says stemmed from a gambling addiction.

The firm remains in transformational flux, but the results of its "Project E" evolution are beginning to show.

The firm's brokerage ranks increased by just one advisor year-over-year.

Already an aggressive recruiter, the firm upped its advisor head count by 115 during the recent quarter.

Some cities do actually offer workers that ideal mix of affordability and short commute time if you venture just a little outside city center.

The No. 1 IBD adapted Riskalyze to its still-evolving ClientWorks portal and added Black Diamond to its discounted vendor program.