The wirehouses may still have the biggest share of the assets, but the independents are right on their heels. In the first quarter of this year, long-term mutual fund assets grew at a faster pace at the independent broker/dealers, regionals an...
UBS Wealth Management Americas (WMA) crossed the threshold in the first quarter with a string of new records: pretax profit of $251 million, net new money of $9.2 billion, and invested assets of $891 billion.
