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UBS Scores Hat Trick With Three Teams Managing $2.7B Combined Ahead of a traditionally busy Labor Day weekend for advisor moves, UBS Wealth Management USA recruited three teams managing around $2.65 billion combined from Morgan Stanley Wealth Management and Merrill Lynch. The largest move by assets is the Mason Cisney Alcon Wealth Management Group from Morgan Stanley in Pueblo, Colorado.

Rockefeller Snags Two Teams With $950M From Stifel, Morgan Stanley Edward Phillipp (left) and Michelle Colquhoun, who joined Rockefeller from Stifel in Chicago. Rockefeller Global Family Office on Friday reeled in two teams that managed $950 million in combined assets from Stifel, Nicholas & Co. and Morgan Stanley, according to a source familiar with the moves.

Morgan Stanley complained to X about posts on the social media site using the bank’s charts and research, leading to at least two accounts getting temporarily locked.

Market Brief: Jobs Blow Past Forecasts, Reviving the Case for a September Rate Hike by AdvisorHub Digital Jobs Blow Past Forecasts, Reviving the Case for a September Rate Hike The U.S. economy added 162,000 jobs in August, nearly triple economists’ forecast of 56,000, while July’s initially reported job loss was revised to a gain of 21,000. The unemployment rate held at 4.1%.

NEW YORK–Equitable, a leading financial services organization and principal franchise of Equitable Holdings, Inc. (NYSE: EQH), today announced enhancements to its variable annuity portfolio, Structured Capital Strategies®(SCS), which includes the first bitcoin-linked index investment option available within a registered index-linked annuity.

A federal magistrate last week shot down Morgan Stanley’s bid to avoid providing diversity-related records in a Black recruiter’s discrimination suit and warned that further inflammatory comments about the recruiter’s lawyers could lead to sanctions. U.S. Magistrate Judge Daniel P.

The Business of Independence: Finding Your One Thing by Timothy Erday, Harbour Bridge Advisors One of the most valuable benefits of independence for a financial advisor isn’t simply better economics, ownership, or flexibility. It is the ability to eliminate noise, to reduce friction, and focus your time and resources on the things that actually help accomplish your goals. Financial advisors operate in a business filled with too much activity.

Equitable Advisors welcomes experienced advisor who managed $132 million in assets under management by Equitable Advisors New York – September 3, 2026 –  Equitable, a leading financial services organization and principal franchise of Equitable Holdings, Inc. (NYSE: EQH), today announced that experienced financial advisor Moses Lin has joined its wealth management business, Equitable Advisors.

Finra Bars Ex-Merrill Int’l Broker Fired for Overriding Client Discounts The Financial Industry Regulatory Authority barred a former Merrill Lynch international broker who the wirehouse fired in February 2025 for failing to properly apply discounts on client accounts. Daniel G. Diaz accepted the bar after he refused to provide on the record testimony into Finra’s investigation, according to a letter of settlement finalized on Wednesday.

Market Brief: Job Market Cools Ahead of Friday’s Critical Payroll Report by AdvisorHub Digital Job Market Cools Ahead of Friday’s Critical Payroll Report New unemployment claims edged up to 206,000 last week, while continuing claims increased to nearly 1.78 million. More significantly, ADP reported that private employers added just 38,000 jobs in August, the weakest pace since January.