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.
FINRA Ousts Morgan Stanley Broker Fired for Allowing Third-Party Access to Client's Account
By Melanie WaddellJames Fredrick Tighe refused to testify about the allegations, FINRA says.
June 17, 2026
$3.5B Team Leaves UBS; $1.2B Advisor Joins FirmBeacon Coast Partners, which serves UHNW individuals and families, is launching an employee-owned RIA.
June 12, 2026
Merrill to Pay $225K for Not Reporting Client ComplaintsThe firm failed to report thousands of customer issues made through its call and support centers, FINRA finds.
June 09, 2026
FINRA Suspends Ex-Merrill Rep for Charging Personal Expenses on Firm Credit CardMelacknesh Belay Igwe submitted inaccurate expense reports, an order states.
June 01, 2026
Former Epstein Banker Paul Morris Departs BofA's Merrill UnitMorris, who worked with Epstein at JPMorgan and Deutsche Bank, corresponded with him for years at Merrill, Bloomberg reported.
May 29, 2026
UBS Sheds Hundreds in Latest Job Cuts After Credit Suisse DealThe cuts mainly affected staff in support functions although some bankers in client-facing roles were included.
May 27, 2026
FINRA Orders Ex-Wells Fargo Broker to Repay $1M in Promissory NotesNorman Fuller Barrett failed to repay a recruiting loan after he was fired, a FINRA arbitrator found.
May 22, 2026
UBS Hits Back Over Nazi-Accounts Probe Amid Senate PressureThe bank says the U.S. lawyer overseeing a six-year-old inquiry into Credit Suisse is exceeding his mandate.