Wirehouses

Some advisors have been hunting for a better personal retirement strategy.

A major Times Square development has secured more than $780 million in new equity, including about $400 million from UBS’s ultrahigh-net-worth and family office clients.

The wirehouse has experienced rapid growth in advisor productivity, executives say.

The move is intended to improve CRM integration and search optimization.

Macroeconomic trends and matters of convenience will move advisors, assets and markets next year in the ever-changing wealth management space.

Jason Chandler will oversee the firm’s roughly 6,900 advisors.

Andy Sieg, head of Merrill Lynch Wealth Management, will join the management team of the company, reporting directly to CEO Brian Moynihan.

The firm will test markets in a few cities next year in a bid to keep pace with a shifting wealth management landscape.

The broker-dealer has also appointed a new northeastern regional director for its independent contractor division.

Ameriprise scores big in its latest round of recruiting.

With 27,000 advisors on the move this year in wealth management, the industry remains in a period of flux.

The firm has seen a number of planners exit in recent months.

The fully-independent channel remain a competitive threat to IBDs attempting to retain top advisors while dealing with lost revenue.

'Know which problems you are trying to solve,' says InlVest speaker Kabir Sethi.

Competitive pressures from the industry’s smaller players are changing the wirehouse playbook.

The case involves allegations of improper use of the 83-year-old investment bank’s trademark and name.

The merged operation will be run by someone yet to be named who will report to Jon Weiss, head of wealth and investment management.

New COO is pitching firm’s name, platform — and capital.

To sway a federal judge, both sides have tried to bolster their arguments by pointing to Facebook, joint production agreements, news articles and more.

People are innately drawn to be a part of something special.