Broker-Dealers
Raymond James Grabs Father-And-Son Team From Merrill Lynch
Merrill Lynch has lost a Tallahassee advisor team with $114 million in AUM to Raymond James. Not a blockbuster shift, but it reveals a few things about the state of affairs at Merrill these days.
Distressed Price For Securities America Ends The Suspense -- And Now Reps Can Make An Informed Choice
Securities America has finally sold to Ladenburg Thalmann. Now the company's 1,700 advisors can get on with their careers -- one way or another.
Commonwealth Launches Model-Driven Portfolio Management System
Commonwealth Financial Network has rolled out a new portfolio management platform that lets advisors overlay existing model strategies on their clients' assets, then adjust all accounts at once.
Still More Smith Barney Reps Flee Morgan Stanley -- This Time, Going To Baird
Scratch every one of the five advisors that Baird just captured in Salt Lake City, and you'll find someone who came up from Citigroup Smith Barney before Morgan Stanley took over.
Brokers Worry About A Dip In Volume Amid Rising Regulatory Duties
Broker-dealers already staggering under new and looming regulations are asking whether a sudden lull in trading activity might drive a few weaker players out of the business.
More Articles ...
- New Schwab Assets Are Up, But Real Growth Hit A Wall In July
- Baird Picks Up Schwab Advisory Team In Denver
- UBS Recruiting Aggressively From The Old Smith Barney While Big Advisory Shops Jump From Securities America
- Broker-Dealer Wounded By Private Placements Winds Down, But Not Before Finding 100 Advisors A New Home
