UBS Is Latest Facing Cash Sweep Lawsuit

Published on August 23, 2024

According to the federal complaint calling for a class action, the firm’s policies “maximize profits for UBS while at the same time disregarding its clients’ best interests.”

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Deep Value

August 23, 2024
Deep value stocks are currently our highest conviction long-only investment idea. For the avoidance of any doubt, when we talk about “deep value,” we simply mean stocks that are cheap, often screamingly so, relative to our appraisal of their fair value. We do not care about a “growth” or “value” label that has been assigned, sometimes seemingly arbitrarily, by one index provider or another.

RBC Wealth Management adds $438M veteran from Merrill

August 23, 2024
RBC Wealth Management is not letting moss grow under its feet in the Western US as it adds another experienced advisor from Merrill to its network.The firm announced Friday that it has recruited financial advisor John Terrion to its Boulder, Colorado office.Terrion, who managed $438 million in client assets at Merrill Lynch, brings 26 years of experience to the firm. He will be joined by investmen