UBS has taken over the high-end wealth management recruiting market and is showing no signs of letting up. Through the first four months of 2021, ending in April, UBS has…
When newly minted Wells Fargo CEO, Charlie Scharf, embarked on his initial earnings call most analysts were hoping for rainbows and lollipops with respect to the firms brand and reputation…
Wells Fargo announced today that they will continue, in perpetuity, the largest recruiting deals on the street. They also reiterated their commitment to significantly reward recruiters for pushing valuable recruits…
In a recent legal decision a JP Morgan Securities advisor defeated the firm in a non-solicit action. If you are scoring at home and remember that JP Morgan just announced…
In October nearly half of an entire UBS office in the suburbs of Columbus, Ohio walked across the street and opened a brand new Morgan Stanley location. That move, and…
In a move that should send chills down the spine of every JP Morgan Securities advisor, bank brass has decided to fold the traditional wealth management arm into the banks…
In a serious legal claim that raised eyebrows everywhere, a long-tenured UBS advisor has accused the firm of skimming commission-based fees from retirement accounts that he manages. In fact, he…
Something a bit weird occurred in Houston, TX a couple weeks ago. A clear and concise broker complaint, wrongful termination, and loan repayment case was dismissed - not on the merits,…
Merrill Lynch may be gloating about increased production across its broker ranks this holiday season, but that may not be because of the reasons you may think. A shrinking 'real…
As the recruiting year heads to its close the patterns and rhythms in wealth management seemed to have accelerated. Not only are more teams making transitions, but larger teams are…