Waiting on McCann’s Plan for UBS (Registered Rep) - The renewal plan for turning around the asset-gathering-challenged UBS Wealth Management Americas should be released within two weeks.

HighTower's Hiring Spree (Bank Investment Consultant) - RIA buys wirehouse reps' businesses and gives them a stake in the company.

Two More MSSB Advisors Move; Baird Adds Them in Arizona (Research Mag) - The firm has added 22 FAs since the beginning of 2010, giving it a total of 650 advisors nationwide in its private wealth group.

Baird Snatches Guard and Duffy, Continuing Raid on Wirehouses (Bank Investment Consultant) - Baird Private Wealth Management, a division of Milwaukee-based Baird has not said exactly how many advisors they want to recruit from the wirehouse channel this year, but this much is clear: the Arizona market is heating up.