Merrill Lynch Wealth Management head Andy Sieg told attendees at the Barclays Global Financial Services Conference that no wealth manager is better positioned for the future.
Research found that the regulation’s Customer Relationship Summary actually increased investor confusion over the differences between brokers and investment advisors.
The Bapis Group, a $1.2 billion advisory team, leaves HighTower to join former Morgan Stanley wealth exec Greg Fleming’s Rockefeller Capital Management.
