Revenge of the branch managers: Washington Wealth is rapidly putting ex-wirehouse workers in play nationwide
The fledgling RIA is swamped with interest and likes its high-class problems
Related Moves
UBS bets its 'wealth' future on ex-Schwabbie Naureen Hassan, a corporate digital A-lister, who analysts give a fighting chance to transcend PaineWebber's ossified culture
Still a $2-billion cash-flow cow, the Swiss bank's 6,000-broker, US-based wirehouse is milking aging broker relationships with aging investors but needs a new kind of human presence, empathy, mindset and smarts to draw in Gen Z.
July 16, 2022 at 1:35 AM
Jeff Spears
Great idea!
Sounds like EXOS in San Francisco.
Scott T
I think the most useless life form on the planet is a wirehouse branch manager. I have been in the business for 20 years and I’ve never met a branch manager that added any value what-so-ever to my business or my clients’ lives. As far as I’m concerned they can all rot in the streets.
