News
Papers on investing must be submitted by March 15; prizes include top award of $10,000. ...
Baird continues to attract wirehouse advisors, like Dennis Rowland, as it opens new offices nationwide....
Merrill Lynch's 'thundering herd' now stands at about 15,000 advisors, putting it well behind rival Morgan Stanley Smith Barney with 18,135 advisors....
Barclays Wealth, now run by a former Merrill Lynch executive, hired 50 investment representatives last year and aims to double that number this year.
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Barclays Wealth now has 120 advisor teams aimed at clients with at least $10 million in assets....
Recruited advisors continue to join Raymond James from Merrill Lynch, Morgan Stanley Smith Barney and Wells Fargo Advisors....
In terms of its advisor headcount, the broker-dealer has some 550 reps, down from over 600 a year ago, and says it is “emphasizing recruiting quality over quantity and culling lower-producing representatives.”...
HighTower has just recruited the Strata Group, which manages some $500 million in assets, from Morgan Stanley Smith Barney....
Jimmy Tighe had been with Citi for 16 years; reportedly may join BofA-Merrill....