In a landmark move that is sure to shake the entire industry, and certainly the blurred lines between private banking and traditional wealth management - UBS just made history.
Earlier today…
UBS continues to dive deep into the private banking space to grab huge teams with massive assets and massive revenue streams. The private banking teams are also loaded with UHNW…
For as long as advisor recruiting has existed (lets call it 40 years) the annual winners of the arms race have carried one specific thing into battle - the biggest…
It is an understatement to say that the Covid-19 pandemic ‘changed’ wealth management habits for both firms and clients. Simply claiming changes doesn’t do it justice. Some serious shifts took…
UBS keeps stacking up JPM Private Bank teams across the country. Another one just dropped as we were passed a note moments ago. This makes the third sizable move from…
Wells has just planted a monster flag in Manhattan with their new modern offices in Hudson Yards, cementing its foothold in the PWM space by acquiring one of the largest…
UBS has been losing advisors for more than two years now. The firm has teetered on the brink of falling below the 6k headcount mark across the US for several…
Over the weekend it was discovered that UBS leadership has been considering potential merger partners, and Credit Suisse was specifically named. A like-minded Swiss firm that has already divested its…
A couple of narratives continue to plant flags in the current wealth management environment. UBS keeps losing advisors of note and Wells Fargo remains aggressive in pursuing and winning them.…
On Monday, Steven J. Mitchell became the latest in an ever-growing list of UBS brokers to declare independence this year. Reuniting with former UBS colleague Phil Fiore, Mitchell joined the…