It seems exiting the broker protocol isn’t as effective a deterrent for brokers leaving the Swiss bank as its executives had hoped. When cast against irrational compensation grid adjustments and…
The entire concept of reverse churning continues to be a head scratcher for us. To quickly recap, first commission based accounts were bad (just ask Tom Buck) but now fee-based…
Over the past few years the stories of Barron’s Top 100 advisors being fired has grown in a way that begs all manner of questions. Questions every bigger producer should…
The Tom Buck saga has been an epic meltdown worth paying attention to for a little more than four years. Eventually culminating in a 40-month federal prison sentence for the…
Maybe this was the plan all along, when a shotgun wedding occurred in 2009. Bank of America was given control of Merrill Lynch and its 90 year history as the…
A couple of headlines have crossed the wires as of late noting continued shifts in branch management as well as regional management structures. Moving actual geographies as well as position…
UBS continues to work through several missteps over the past few months. Those issues have been well covered on this site and in other industry publications. With that backdrop UBS…
We told you to keep a sharp eye on this week and weekend. And we told you to be on the lookout for multiple J.P. Morgan Securities exits. Well, here…