BOCA RATON, Fla., Sept. 30 /PRNewswire-FirstCall/ -- In light of recent events impacting the global financial markets, Enterprise Acquisition Corp. ("Enterprise") announced today details related to its assets being held in trust. As of September 29, 2008, the assets are held in a trust account at Citi...
WIREHOUSES Bardhy Quku has left Morgan Stanley for the New York City office of UBS. He previously generated $1.8 million in production on $185 million of client assets. Morgan Stanley has hired John Wachs to join its Wauwatosa, Wis., office. He comes from Baird where...
WIREHOUSES Smith Barney's Deerfield, Ill. office has snagged a $5.24 million team from Morgan Stanley. Eugene Lerner, Michael Stoken, Walter Gondeck Jr. and Mingdong Tan oversaw $505 million in client assets. UBS has recruited Shawn Simmons and John Scott to join its Kenwood, Ohio office....
WIREHOUSES In Sacramento, Calif., James Diepenbrock, Mark Chapman and Katrina Semmes have jumped to Smith Barney from UBS. They supervised more than $1 billion in assets and generated $2.5 million in fees and commissions. Morgan Stanley has recruited Mike Hess to its New Orleans office....
WIREHOUSES Robert Bregman has bolted from Bear Stearns to Smith Barney's Seventh Avenue office in New York. Bregman has 17 years of industry experience andhas more than $1.8 million in production on assets of more than $250 million. Morgan Stanley in Conshohocken, Pa., has recruited...
Late yesterday, a federal court granted preliminary approval of a $33 million settlement with Citigroup Global Markets, Inc. d/b/a Smith Barney, on behalf of all women employed as Financial Advisors in i the United States branches of Smith Barney's retail brokerage division at any time from August 24, 2003 through...
WIREHOUSES David Javaheri and Shaun Fitzpatrick have left Merrill Lynch to join Morgan Stanley's Wellesley, MA branch. The pair had a combined production of $2.5 million and oversaw $362 million in assets. Barbara Hetzer has jumped from Merrill Lynch to Smith Barney's office in Purchase,...
Wirehouses Morgan Stanley, Folsom, Calif., recruited Cary M. Allison from Wachovia Corp. in Folsom. Allison earned $2.05 million and had assets under management of $367 million. He had been at Wachovia since 2003, and also worked at Prudential and Piper Jaffray Inc. Don C. Garman joined Morgan Stanley...
Wirehouses R. Christopher Errico and partner Sean T. Kilduff, who together were reportedly the largest producers at Morgan Stanley, joined the ultra-high-net-worth division of UBS Financial Services. The two men had a trailing 12-month production of $20 million. John P. Isenburg, Steven P. Gobel Sr.,...
Smith Barney, New York Knicks and Urban Word NYC partner to provide opportunities for under-served NYC high school students to better prepare for college application process
WIREHOUSES Hank J. Holland has joined Merrill Lynch in its ultra-high-net-worth office in San Francisco. Holland, who arrives from Sanford C. Bernstein in New York, grossed more than $20 million in the past year-reportedly making him Bernstein's biggest producer. Lee Anne A. Bloom, Michael H....
WIREHOUSES A $5 million team of six Smith Barney advisors has defected to Morgan Stanley's Norwell, Mass., office. John W. Corbett III, Joseph M. McLaughlin, William P. Slimbaugh III and Bennett B. White have joined from Smith Barney's Hingham, Mass., branch. Bruce K. Henderson and Stephen P....
NEW YORK -- Smith Barney announced today that Julian Clark, former President and CEO of Mellon Investor Services, has been appointed Managing Director of Smith Barney Global Stock Plan Services. In his new role, Mr. Clark will oversee the administration of equity compensation plans for more than 700 corporate clients....
WIREHOUSES Sheila F. Klehm, a $5.5 million producer, has left J.P. Morgan Securities' private bank after 18 years to join Morgan Stanley's ultra-high-net-worth office in New York. She oversaw $1.4 billion in assets. Michael Brathwaite, Frank A. Calderone and Charles P. Massimi have left UBS...
It's never been better for Wall Street's retail brokerages, as rising stock markets have inflated assets under management, and investors have continued to turn to brokers for advice. Add the powerful demographic trend of baby boomers scrambling to prepare for retirement, plus the ongoing growth of wealth in the United...
Wirehouses James L. Oberheide, a $9.5 million producer, has joined Morgan Stanley's ultra-high-net-worth office in Chicago. Oberheide previously managed $1.6 billion in assets for clients at Sanford C. Bernstein & Co. in Chicago. A father-mother-and-daughter team has moved to Merrill Lynch's ultra-high-net-worth unit in Ladue,...
WIREHOUSES Gustavo Klimberg and Jamie Fals have bolted from Lehman Brothers to join Morgan Stanley as executive directors in the firm's Latin America private wealth division. The duo-based out of Morgan's Miami offices-administered $400 million in client assets and produced $4.2 million in annual revenue. ...
NEW YORK -- Smith Barney today announced that it joined Citi's ThankYou Network rewards program as a sponsor, allowing Smith Barney clients to earn ThankYou Points for using products and services available from Smith Barney. Smith Barney joins Citi Cards, Citibank and Expedia.com as sponsors of ThankYou Network, which now...
Wirehouses Alan J. Levinsohn and Julie A. Shide, who together grossed $2 million at Smith Barney in Boca Raton, Fla., have jumped to Morgan Stanley in that city. The duo oversaw $135 million in client assets. Donald M. Kerr, Raymond J. Moseman and...
Byline: Dan Jamieson IRVINE, Calif. - Along with the layoffs and cost cutting unveiled last week by Citigroup Inc. came rumors that the company's Smith Barney brokerage unit was destined for a spinoff. But Robert Druskin,...
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