You know the old saying on Wall Street “the trend is your friend?’’ Well, that is certainly the trend at Merrill/BOA. Or should we call it when it was, Merrill…
The dust is yet to settle for Merrill in DC. Last week they lost a $600M team, today Mikail Qazi and Tim Martin have decided to join UBS Private Wealth.
Mikail…
Recent developments have brought Purshe Kaplan Sterling Investments (PKS) into the spotlight for all the wrong reasons, raising serious concerns about their practices and stability. In the complex world of…
There really should be memes created in honor of Andy Sieg. If there was ever a bigger corporate shill for a brand now owned by its banking overlord - it’s…
Major bracket Wall Street banks have only recently institutionalized substantial retirement packages for senior advisors to sunset out with very few restrictions. Inheriting advisors who care to take over these…
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…