Wirehouses

The firm has picked up another wirehouse team with nearly a million dollars in production.

The firm scooped up a long-time advisor with $180 million in AUM.

Raymond James Financial plans to drop Morgan Keegan from the name of its fixed income arm later this month.

The story of how Bradley Cull got his start in the financial services industry sounds like the plot from an F. Scott Fitzgerald story, except with a happy ending.

Merrill Lynch has added four financial advisors overseeing $996 million in client assets from rival firms including Piper Jaffray, Morgan Stanley and Wells Fargo.

The list has been narrowed down to 100 finalists for the Top 10 Branch Managers of the Year. Check out who made the list and stay tuned for the announcement of the final 10 in May.

Peter Princi of Morgan Stanley relates his career as an advisor with the time he spent with the New York Mets.

BlackRock Inc. hired Gary Shedlin as chief financial officer to replace Ann Marie Petach, who will move to a client-oriented role within the firm.

“The combination of this being who I am and what I do and having absolutely no other interests makes me think this is what I’ll be doing for a while,” Blankfein said.

UBS financial advisor Gregory Hersch, number seven on this year’s Top 40 Under 40 list, says that advisors who aspire to do better should become better listeners.

The Seventh Circuit Court of Appeals has affirmed the dismissal of a class action that sought damages by class members as a result of the 2008 UBS tax evasion scandal.

Two former Wells Fargo advisors have joined Baird to help open a new office Merritt Island, Fla.

The firm added six advisors and opened a new office in Melbourne, Fla.

UBS financial advisor Daniel Rothenberg, number 9 on the Top 40 Under 40 List, says he advises aspiring advisors to build a team and the best story they can tell to clients.

LionTree Advisors LLC, a boutique firm started seven months ago by analyst-turned-banker Aryeh Bourkoff, 40, and Ehren Stenzler, 37, is riding a wave of media deals to land among the top financial advisers so far this year.

Merrill Lynch financial advisor Gregory Cash, number 10 on the Top 40 Under 40 list, says that constantly striving for better results is the key to advancing an advisor’s practice.

Bank of America Corp. shifted bonuses at U.S. Trust to focus employees on adding clients and boosting account balances, a change that could mean lower pay for some members of the wealth-management unit.

Jim O'Neill, chairman of Goldman Sachs Asset Management, will retire later this year. 

Merrill Lynch advisor Eric Snyder, who lands at number 11 on the Top 40 list, says he practices with a team that can candle all of clients’ rigorous needs.

UBS Wealth Management Americas turned out a record fourth quarter, serving as a bright spot in an otherwise tough quarter for the Swiss bank.