Meanwhile, the total number of financial advisors in Bank of America’s global wealth and investment management division rose slightly to 17,657.
October 16, 2019
The move "devastated" UBS’s New Albany, Ohio, office, say UBS’s attorneys.
The wealth management units trimmed expenses by paring down deferred compensation costs.
The firm also added 363,000 new brokerage accounts.
The moves come a week after comments the industry figure made at a private conference.
The financial advisor admitted during arbitration that the information he provided the customer was wrong.
Patrick Dwyer has joined Boston Private as head of strategic development.
The SEC alleges the firm failed to disclose conflicts of interest related to 12b-1 fees, among other things.
SPG Fiduciary Partners of Raymond James oversees around $990 million in client assets and $1.6 billion in assets under advisement.
The sandwich generation are not saving and investing as much as advisors believe they should.
The wirehouse discharged the man in February over allegations that he failed to report a lawsuit from the client.
Woodbridge Group of Companies’ former CEO reached a plea deal with the U.S. Attorney’s Office in August.
The three have formed Noble Wealth Advisors in Texas.