Wells Fargo, UBS and Morgan Stanley also bar advisors to purchase bitcoin or derivative products on behalf of clients.

Those working for the remnants of Smith Barney will no longer be protected under the recruitment truce.

Shuttering foreign tax shelters only to steal their business is a bad move.

Modernize Wealth was frustrated with what they called a “firm-first decision, not a client-first decision” by UBS.

Investment banking firm Robert A. Stanger & Co. is predicting that fundraising for non-traded REITs will reach $4.2 billion this year.

The team, which has over $3.3 million in annual production, joins from Morgan Stanley.

Wealth Management Americas reported a record second quarter, but the Swiss bank’s equity ratio fell, stirred investors.

Also this week: iCapital scores yet another round of funding, and TCA integrates RightCapital.

UBS Wealth Management Americas advisors now will be paid based solely on the amount of assets and not the volume of transactions or the products they recommend for retirement accounts.

Wells Fargo Advisors will increase recruiting offers by as much as 50 percent.