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The two advisors will name the team’s practice after their shared experience working for the military.
August 2
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Former retail brokerage head David Kowach is moving to the consumer bank.
August 1
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Profitability is improving and all divisions, except the firm’s biggest — wealth management — surprised the market on the upside.
July 24
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The declining headcount comes even as the firm pulls in several big hires.
July 23
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The wirehouse’s pipeline for incoming brokers is at a two-year high.
July 22
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James Gorman dismissed any speculation after the unit posted record revenue and pretax profit in the second quarter.
July 18
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The beleaguered bank has suffered from attrition since a fake accounts scandal rocked the firm in 2016.
July 17
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The offering would mirror a similar move by Charles Schwab to offer clients a new pricing plan for its robo service.
July 16
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Cathy Bessant is among executives who remain in talks with Wells Fargo, while JPMorgan Chase’s Gordon Smith won’t be taking the job, according to people with knowledge of the situation.
July 12
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Even as the wirehouse has cut back on recruitment, the hire of two new industry veterans show it’s still looking for top teams.
July 12
