There is all manner of information swirling around the water cooler at UBS these days. Not that the phenomenon is new, rather it’s become much more pronounced after the firm…
1. Coronavirus numbers are all over the board and nearly indecipherable out of China.
2. European shares hit fresh new records.
3. Tesla prices $2 billion share sale at $767 (also known…
We are having a hard time figuring this one out. Every year On Wall Street puts together several 'Top 40 Under 40' lists and they are widely lauded across the…
A UBS advisor reached out to us to describe the ongoing legal battle with rival Credit Suisse with respect to deferred compensation claims. The legal tangling remains front and center…
Stifel has been a recruiting dynamo for the past three years. The culture, leadership, and comp offered at the ‘super regional’ has resonated with wirehouse advisors seeking friendly confines. Based…
A class-action lawsuit in California centered around the concept of ‘reverse churning’ continues. Focused on Edward Jones and their policy to shift away from a purely commission based fee structure…
Growth Via Mandate: Merrill Lynch ‘New Household’ Comp Scheme Finds Its Way To Wirehouse Competition
Whenever something of scale works at the wirehouses you can bet the others are going to do their best to copy it without making it look like they are copying…
After years of embarrassment, subpar if not terrible results, and a spying scandal that will almost certainly turn into a book - Credit Suisse fired its CEO, Tidjane Thiam. Most…