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Wells Fargo tweaks deferred comp, pay on stock trades
Advisers could earn more deferred pay, but minimum ticket size for payout on equity trades upped to $125.
Powerful Wells Fargo division takes over firm's wealth management research functions
New unit will influence product selections for 15,000 advisers managing $1.6 trillion in assets.
UBS, Merrill increase bonuses for new assets and banking referrals
2015 compensation plans push advisers to build their AUM and refer clients to the bank
Krawcheck: Wirehouses undaunted by RIA growth
Former brokerage executive Sallie Krawcheck downplayed the rise of wirehouse breakaways, telling a conference of advisers that wirehouses have more important things to worry about.
Midwest financial adviser team with $463M in assets joins Wells Fargo
Madison Street Financial Group specializes in corporate retirement plans and high-net-worth families.
Tony Robbins gets advisers talking at the 2014 MarketCounsel Summit
Independent advisers get a dose of inspiration as Tony Robbins continues to champion their cause
Morgan Stanley to pay more of its bonuses upfront
The moves mark a reversal from firm's efforts to defer more pay to tie bankers to the firm and reduce immediate costs.
Top independent adviser manages $3.5 billion in new ranking
More than 20,000 independent RIAs in the U.S. increased assets 82% to $2.3 trillion from 2007 to 2013 while assets at largest retail brokerages rose 8.2% to $6.2 trillion.
Merrill Lynch loses two advisers with combined $2.1 billion in California
One goes to Stifel, the other to UBS. Both had ties to Merrill's elite private banking and investment group that serves ultra-wealthy clients.
Morgan Stanley courts athletes, entertainers with new wealth unit
Brokers take a three-day training program on how to cater to those clients.
Wells Fargo settles bonus squabble for $7.4M
Wirehouse settles class action claim the firm wrongly withheld incentive compensation from two former advisers who changed firms.
Wells Fargo nets $972M JPMorgan team
Wells Fargo Advisors continues to build on its recruiting momentum with the addition of a trio of former JPMorgan Chase & Co. private bankers.
Morgan Stanley seeking female and millennial advisers and clients: Fleming
President of Morgan Stanley's wealth management unit discusses how these demographics will shape the future of wealth and the work force.
Brokerage firms and mutual fund companies need better training for complex products
Companies must heed the gentle warnings being given to them by Finra and the SEC on complex investments.
Brokers warned to beef up training on complex products
Regulators alarmed at lack of knowledge brokers demonstrate about the products they're selling.
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