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.
$3.6B UBS Group Departs to Form RIA
By Rob BurgessThe Texas firm formerly known as Thompson, Kight, Armstrong & Packer is now Cleros Wealth Partners.
October 30, 2026
Wells Fargo's 2027 Deferred Comp Plan Offers Incentives, PenaltiesIn addition, the monthly hurdle for advisors is set to rise from $13,500 to $16,000 next year.
October 27, 2026
Merrill Tweaks Advisor Bonuses for 2027The announcement follows updated compensation plans for next year from Morgan Stanley and UBS.
October 26, 2026
RBC Wealth Adds $1B Group From UBSThe Nepa/Susco Team, based in Pennsylvania, specializes in wealth planning.
October 26, 2026
55ip Expands UMA Offerings for RIAsThe fintech is offering model portfolios and SMAs with products from J.P. Morgan Asset Management and BlackRock.
October 16, 2026
Shook Rebrands, Raising QuestionsThe rankings, which were halted in the fallout of a secret $6 million payment to a Forbes editor, will resume later this year.
October 16, 2026
Merrill, Wells Fargo to Pay $4.4M Over CommissionsState securities regulators found the firms charged unreasonable commissions on more than 256,000 small-dollar trades.
October 15, 2026
UBS Reorganizes U.S. Wealth BusinessThe firm's field structure will consist of four divisions, including an international department focused on the ultra-wealthy.