Wirehouse Firms
Learn the ins and outs of the wirehouse channel, including news, analysis and more on Bank of America-Merrill, Morgan Stanley, Wells Fargo and UBS.
E-Trade Launches 5 No-Fee Index Funds
By Dinah Wisenberg BrinThe new products are being offered exclusively to the brokerage's self-directed investor clients.
April 03, 2025
Wells Fargo Advisors Nabs LPL Recruiting ExecFarhad Firoozi joined the wirehouse on Tuesday and will focus on growing its independent advisor channel.
April 02, 2025
Morgan Stanley Nabs $1B Team From UBSThe New York-based group focuses on serving professional athletes and entertainers.
April 02, 2025
Ex-Morgan Stanley Advisor Sentenced to 12 Years in Fraud SchemeJesus Rodriguez of El Paso, Texas, spent clients' money on himself, including a Lamborghini purchase, authorities found.
March 26, 2025
UBS Delays Advisor Pay Cut From 12b-1 FeesThe delayed cuts are separate from other compensation changes UBS made this year.
March 26, 2025
Merrill Bets Big on on New 'Level Up' Training ProgramWith financial advice "at a premium today," Merrill seeks to double assets in five years, exec Ken Correa says.
March 26, 2025
Wall Street Bonus Pool Surges to $47.5B for 2024The average yearly bonus rose by nearly a third, to $244,700, the first big boost since the Covid-19 pandemic.
March 24, 2025
How Morgan Stanley Is Optimizing AI for Client GrowthThe firm's latest AI tool, Debrief, summarizes client meetings. Tech chief Sal Cucchiara tells ThinkAdvisor what's next.