Economy

UBS has tapped Jonathan Brooks to be a sales director responsible for bringing in corporate clients.

Raymond James has created a new position that will oversee practice management development and education for the private client group.

Raymond James is ramping up its pitch to attract independent advisors by opening up access to alternative investments.

Clients often dream of retiring overseas for a change of scenery and lifestyle. Here’s what a handful of advisors have to say about some of the most popular overseas retirement destinations among their clients.

Wells Fargo has expanded its Denver, Colo., operations adding an advisor with $150 million in assets under management.

The 15th largest independent broker-dealer in the country, National Planning Holdings, continues to grow in size.

UBS Wealth Management Americas has added a former Morgan Stanley advisor with $600 million in assets.

A former Deutsche Bank Securities advisor with over $2 million in production has jumped to Morgan Stanley.

Despite the slow economic recovery, many wealthy business owners are increasingly confident about their finances.

Baird has brought on four advisors with $330 million in assets.

Wedbush has expanded its Southern California presence with a 40-year industry veteran.

UBS AG, Switzerland’s largest bank, agreed to pay $120 million to settle claims by investors in Lehman Brothers Holdings Inc. securities in a lawsuit tied to the investment bank’s 2008 collapse.

The two firms signed off on a deal that creates one of the largest regional brokerages on the West Coast by headcount.

The firm has added an 18-year industry veteran to its Greenville, Del., branch office as a vice president of wealth management.

Wells Fargo has created new positions for a director of client acquisition and a director of client experience.

Wedbush has brought on the former president of First Washington amid questions over his supervision of a former employee.

Brokers who hold investors’ assets will have to file quarterly reports attesting to compliance with measures toprotect customer money and securities under rules adopted by the U.S. Securities and Exchange Commission.

Use these key concepts to make sure you're reaching women.

Mike Boosel of Baird turned a part-time teaching gig, helping seniors learn about retirement planning, into a lucrative source of clients.

The Midwestern community bank has plans to increase its program to seven or eight advisors over the next couple of years.