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BROKERAGES: Top Stories - 2/8/10 |
How the Brokers Stack Up (Barron's) - Goldman Sachs, McAdams Wright and Morgan Keegan top our latest ranking of brokerages with stock-picking prowess. How an emphasis on technology, financials and small-caps helped boost returns.
Smith Barney Veteran Joins Baird (Research Mag) - Baird continues to attract wirehouse advisors, like Dennis Rowland, as it opens new offices nationwide.
Envestnet Hires Former Merrill Executive (On Wall Street - Breaking News) - The Chicago company described the appointment as a "coup."
Baird Reels In Branch Managers (On Wall Street - Breaking News) - Milwaukee-based Baird Private Wealth Management continues to sweep up unhappy wirehouse branch managers.
UBS wealth unit said to restructure US retail brokerage (Wealth Bulletin)
Wells Fargo Looking To Add 1,400 Advisors (Bank Investment Consultant - Breaking News) - Second major hiring move this week by a banking company, following BofA's announcement that it would add 2,000 advisors.
"Renewal" Team Shakes Up UBS Management (Bank Investment Consultant - Breaking News) - UBS Wealth Management Americas has announced some big changes in its structure and leadership.
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