Wirehouses

Advisor attrition is up at the beleaguered firm, but it doesn't have to be.

The regional firm has opened five new branches and hired at least 73 advisors year-to-date.

As turnaround plans at peers such as Credit Suisse gather speed, some investors are asking whether UBS is doing enough to sustain its lead.

Six of the top 10 advisor recruits — managing roughly $13.2 billion in client assets — have walked out of the wirehouse so far this year.

These mega brokers managed $18 billion in assets at their previous firms.

Wirehouse policy changes are bearing fruit and leaving advisor career options in flux.

The firm is, all of a sudden, Wall Street’s big spender.

Here’s what the two seemingly contradictory trends mean for advisors.

Jim Senderling and John Robbie had been with Merrill Lynch for 27 and 25 years, respectively.

The firm’s FA ranks at 14,820 were down by only nine brokers from the previous quarter.