UBS executives recently said that changes to their firm’s compensation policies would most likely cause some advisors to make an exit this year.
That prediction continued to bear out this week with a large UBS team pulling up stakes to jump to RBC. Meanwhile, both Arax Investment Partners’ Ashton Thomas Private Wealth and LPL Financial scored recruiting wins. And Citi filled out its executive ranks with a hire from Merrill. Read about it below.
Commonwealth Financial Network advisors keep voting with their feet, moving to firms like Cetera, Osaic and Raymond James rather than...
Artificial intelligence tools are projected to radically alter the wealth management industry, with new platforms promising to help advisors expedite...
As Michael Kitces pointed out in his opening fireside chat at Financial Planning's ADVISE AI 2025 this week in Las...
Advisors using AI could take a big step toward regulatory compliance if they began every query proposed to ChatGPT or...
The largest stocks' artificial intelligence correlation and concentration are fueling the risk that the technology firms investing in chips and...
UBS' Americas wealth management arm saw an $8.6 billion exodus of client assets in the third quarter, a stark reversal...
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