Watch breaking news videos and read news updates about Wirehouses on investmentnews.com
J.D. Power: Satisfaction with investment firms up
Investor satisfaction with large investment firms continues to inch higher since plummeting in 2009, and the firms with the top scores have clients who are very happy with their financial advisers and investment performance, a new survey has found.
Moving from wirehouses pays off
Breaking away from the wirehouses has paid off handsomely for financial advisers over the past five years, according to a new study from Fidelity Investments.
Satisfaction with advisers climbing; RBC, Fidelity lead the pack, J.D. Power says
Investors' approval of their advisers continues to increase after dropping sharply in the aftermath of the credit crisis. Liz Skinner tells why.
Adviser numbers will continue to slide: Cerulli
Financial adviser and IBD headcounts continue to shrink as training can't catch up with the drain of talent. But how's the rest of the business faring?
UBS listening to shareholders on wealth management split
A powerful shareholder thinks UBS should hive off its investment bank. Given the recent stellar performance of the company's wealth management business, this isn't such a whacky idea.
UBS wealth unit reports record profits, inflows
UBS AG reported improved first-quarter results for its U.S. retail-wealth-management business, with a record pretax profit of $251 million, as well as a record $9.2 billion in net new money.
Outlook good for wirehouses
Influential Sanford Bernstein bank analyst Brad Hintz thinks that the wirehouses are going to be big beneficiaries of a recovery in the retail-wealth-management industry over the next two years.
Training on the back burner
Industry growth requires a renewed commitment to investing in the next generation
UBS elevates Mathews to oversee ultra high-net-worth business
Former regional director replaces Chandler, who will run wealth management.
Influential bank analyst says wirehouses looking good
Bank analyst sees wirehouses as big winners in wealth-management industry recovery. Light at the end of the tunnel?
UBS wealth management announces record profits, new money
Focus on wealth and asset management paying off as revamp from capital-heavy activities accelerates.
The Takeaway: How did the rich get that way?
PortfolioYes of course there's a new 3D Printing index, how else will people be able to get blown up in the inevitable ETF? ( Index Universe )An investing rule I believe could help you a great deal. ( The Reformed Broker )How Jim Chanos is using long positions in Apple and Samsung to offset
Wells ordered to pony up $800K in raiding case
In yet another loss in a series of raiding claims, Wells Fargo is ordered to pay Stifel Nicolaus $800K in legal fees.
Wirehouses help results
Bank of America Corp. and Morgan Stanley, which have the two biggest wirehouses in the country, last week reported impressive quarterly financial results in their wealth management operations.
Sarch: Morgan Stanley 3D, almost a year later
I have teenage girls. They are wonderful kids and I am sure that many of you share some of the same challenges and funny experiences that my wife and I deal with every day.
Explore your opportunities and be informed for your next move.
Mary Beth Franklin, InvestmentNews