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If these black financial advisors meet the goal, it will defy the industry's stark racial disparities: early career growth at that level just “doesn't happen in our demographic,” one partner says.
January 23 -
Some of Wall Street's most prominent executives have this in common: a long tenure.
January 22 -
The wirehouse boosted profitability even as advisor headcount dropped.
January 22 -
The bank is an aggressive recruiter of HNW and UHNW talent.
January 17 -
The firm plans to entice new customers through its stock plan administration and financial wellness businesses.
January 16 -
The firm typically trains its own advisors in lieu of recruiting talent from the competition.
January 16 -
The firm added 40,000 new accounts last year and hit a record $3 trillion in client balances.
January 15 -
The size of the firm's class compares with 145 last year.
January 15 -
The recruits include a father-son duo from UBS.
January 14 -
The bank continues to struggle with attrition due to scandals, regulatory scrutiny and a graying workforce.
January 14