July 27, 2010 / 1:40 PM / 7 years ago

FACTBOX-Comparison of the top 4 U.S. Wealth Managers

 NEW YORK, July 27 (Reuters) - Swiss bank UBS UBSN.VX(UBS.N) said on Tuesday that its Americas brokerage business posted a loss, as one-time charges overwhelmed higher revenue, capping a second quarter of mixed results for the four largest U.S. wealth managers
 Among the Big 4, Bank of America’s (BAC.N) Merrill Lynch unit alone added advisers and assets. Wells Fargo (WFC.N), briefly the No. 2 brokerage by number of advisers, slipped back into third place behind Merrill. Profit was down across the board, reflecting the impact of falling stock prices during a quarter marked by unprecedented volatility.
 Below is a table showing some key statistics from the quarter:
           Morgan Stanley    Merrill Lynch     Wells Fargo         UBS
            Smith Barney          GWM            Advisors       Americas*
           Q2‘10    Q1‘10    Q2‘10    Q1‘10   Q2‘10   Q1‘10   Q2‘10  Q1‘10 Advisers     18,087   18,140   15,142   15,005  15,102  15,119   6,760  6,867 Assets ($B)   1,500    1,604    1,410    1,454   1,100   1,100     705    730 Revenue ($B)   3.07     3.11     3.24     3.16     n/a     n/a    1.41   1.30 Profit ($M)     146      214      316      359     n/a     n/a     -64   14.3 * UBS financial results converted from Swiss Francs at US$1 = CHF 1.052  (Reporting by Joseph A. Giannone; Editing by Lisa Von Ahn)      

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