Bob McCann

• Wealth Operations on a Roll

  By Janet Levaux  |  May 28, 2013

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  UBS Tops Estimates on Strong Wealth Results

  By Janet Levaux, AdvisorOne  |  April 30, 2013

  Net new money in the Americas unit was $9.2 billion vs. $4.6 billion a year ago and $8.8 billion in the prior quarter.

• Q3’12 Earnings

  By Janet Levaux, AdvisorOne  |  November 21, 2012

  Bank of America had net income of $340 million, or $0.00 per share, in the third quarter, compared to $6.2 billion, or $0.56 per share, in the year-ago quarter.

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  UBS Reports Q3 Loss; Improves Advisor Headcount

  By Janet Levaux, AdvisorOne  |  October 30, 2012

  Profits are up for UBS' U.S.-based wealth operations as the number of advisors tops 7,030 and net new money has improved.

• BofA to Pay $2.4B

  By Janet Levaux, AdvisorOne  |  October 24, 2012

  Bank of America reached a settlement to end a class-action lawsuit with investors and will pay $2.43 billion, while also making certain corporate-governance reforms, the firm said in late September.

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  BofA Settles Merrill Purchase Suit for $2.43 Billion

  By Janet Levaux, AdvisorOne  |  September 28, 2012

  The deal resolves a long-standing dispute, but should not have much impact on the firm's advisors, experts say.

• Q2 ’12 Wealth Profits Top Year-Ago Results

  By Janet Levaux, AdvisorOne  |  August 23, 2012

  Bank of America-Merrill Lynch reported profits of $2.5 billion for second-quarter 2012, or 19 cents a share, beating analysts’ estimates of 14 cents.

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  UBS Wealth Results Up in Americas; Down Worldwide After Facebook Flop

  By Janet Levaux, AdvisorOne  |  July 31, 2012

  Wealth Management-Americas posts a 28% jump in profits as net inflows to advisors remain stable

• Major Firms See Assets, Fees Rise in Q1 ‘12 But Post Mixed Results for FA Headcounts

  By Janet Levaux, AdvisorOne  |  May 24, 2012

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  As UBS’ Profits Fall, Wealth Unit’s New Assets Soar

  By Janet Levaux, AdvisorOne  |  May 2, 2012

  Wealth management in the Americas adds about 50 advisors and $4.6 billion in new asset flows during the first quarter.