UBS Wealth Management Americas has announced plans to develop and grow its Corporate Employee Financial Services (CEFS) business.
Advisers like independence- just not too much
New products, highlights, announcements
The current turmoil threatens broker/dealers as more advisers think about going independent—when the market improves
As 2009 rolled in, I think there were hopes that the financial services world would say goodbye to the problems of 2008.
Brokers aren’t boosting returns, study says
Although all advisers plan to increase their use of managed accounts, registered representatives at broker-dealer firms are twice as likely to plan on doing so.
The use of brokers by institutional investors to execute single stock trades is gradually becoming defunct, giving way to more cost efficient electronic and portfolio trading systems, according to recent research by Greenwich Associates.
With the so-called Merrill Lynch Rule a thing of the past, some advisers will need to clarify their role, though it's not likely to broadly impact the managed account environment.
Edward Jones ranks highest among 10 financial investment firms in satisfying their financial advisers, receiving particularly high ratings from advisers in support, people and firm performance.