Industry
Edward Jones Wants To Recruit Industry Veterans, Offers Big Bonuses
Edward Jones wants to overcome perceptions that it's the training ground of the independent channel, and it's offering seasoned advisors big bonuses to sign up.
Morgan Stanley Grabs $6 Million Advisor Team From UBS
The recruiting food chain of the wirehouses is now a little clearer as Morgan Stanley absorbs a substantial New York City team from UBS.
Mary Schapiro Gears Up For 2012 SEC Budget Fight, Clarifies Goals
The battle over how much money the SEC should get this year just ended, but Chairman Mary Schapiro is already laying out priorities for 2012.
Cross-Selling Bank Of America Products Drove $250 Million Merrill Team Into Ameriprise's Eager Arms
The mandate to sell banking products to brokerage clients evidently proved too big a distraction for a big New York City-area Merrill advisory team.
Raymond James Not Eager For M&A Either - Who Will Buy Securities America?
Scratch a potential buyer off the list of independent brokerage firms that might emerge to pick up Securities America or another of the companies currently on the block.
