The Mysteries of UBS: Deciphering What Drives its Wins and Losses
By Barbra Herman – UBS advisors describe a culture defined by wins and losses—and they are asking tough questions about what the future holds.
Transition Announcement: $600mm Father-Son Team from UBS Launch Independent Firm with Sanctuary
Chris Glomb, with over 4 decades in wealth management, and his son Michael worked as a team at UBS for 15 years, set their sights on change 2 years ago—motivated by the desire to do what was best for their clients, to achieve greater autonomy, and build for a long-term legacy.
Sanctuary Nabs $600 Million UBS Team
By Andrew Welsch, Barron’s Advisor – Sanctuary Wealth, an independent broker-dealer, recruited a former UBS team that oversaw $600 million, the firm announced Friday.
Sanctuary Signs UBS Father-Son Duo with $600 Million Book
By Lisa Fu, AdvisorHub – Sanctuary Wealth on Friday scooped up a Los Gatos, California team overseeing $600 million in client assets from UBS Wealth Management USA, according to an announcement and registration records.
Rockefeller Adds 3 Ex-Merrill Lynch Teams In Florida, Indiana And California
FA-Mag.com – Rockefeller Capital Management today announced the addition of three advisors teams, including the Jones Connolly Pollock Group, an 11-member team in Winter Park, Fla., that was formerly with Merrill Lynch.
Rockefeller Scoops up 3 Merrill Lynch Teams Producing $15.5M Combined
By Mason Braswell, AdvisorHub – In a wave of departures before the President’s Day weekend, three Merrill Lynch teams that had generated over $15 million in revenue combined joined Rockefeller Capital Management’s private wealth division on Friday, according to a well-placed source.
Transition Announcement: Career-Merrill Team Chooses Sanctuary’s Model of Independence
Independence answered this pair’s requirement to gain freedom, control and ownership over their business with the benefit of a turnkey start-up and support—allowing them to focus on serving their high net worth clients, including professional athletes and coaches.
Sanctuary Plucks $2.4-Mln Team of Merrill Lifers with Pro Athlete Book
By AdvisorHub Staff, AdvisorHub – Indianapolis-based independent broker-dealer Sanctuary Wealth has added its first team in Wisconsin with the hire of a Merrill Lynch team that had managed around $400 million in assets.
How Rising Above the Minutiae Can Offer a New View on Opportunities
By Barbra Herman, InvestmentNews – When considering a move, it’s critical to strike the right balance between satisfying specific, objective criteria for immediate needs while taking a wider perspective of longer-term goals and shared values.
Merrill Veteran Producers Go Indie with LPL and Raymond James Affiliate
By Jake Martin, AdvisorHub – Ivan Hendricks, a solo producer from Monroe, Louisiana, managing $280 million left Merrill Lynch for LPL Financial Strategic Wealth Services (SWS).
