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.
Merrill to Offer Direct Capital Markets Trading to Ultra-Wealthy Clients
By Dinah Wisenberg BrinThe new Direct Markets Coverage Group aims to support, not replace, clients' core advisors.
February 17, 2026
BofA Lifts CEO's Pay 17% for 2025Brian Moynihan will receive $41 million for his employment last year, when the bank raised profits.
February 12, 2026
AI Will Make Human Advisors Strong, Morgan Stanley Exec SaysJed Finn dismissed fears that the new systems will crowd out people.
February 10, 2026
Wells Fargo to Lay Off 112 in North CarolinaThe cuts in Raleigh will be effective on April 4.
February 10, 2026
BofA Rep Fired for Expensing $6,000 in Meals Takes FINRA HitThe rep, suspended for nine months, charged BofA for food while working from home, FINRA states.
February 04, 2026
Senators Slam UBS for Obstructing Nazi Accounts Probe"UBS's conduct is absurd and a historic shame," Judiciary Committee Chairman Chuck Grassley said.
February 04, 2026
UBS Profit Beat Overshadowed by Worries Over U.S. Wealth OutflowsPay changes helped spur about 200 advisors to leave, taking client funds with them.
January 29, 2026
BlackRock, Partners Group Debut Private-Asset Accounts for Wealthy InvestorsThe asset managers have begun selling a new separately managed account through Morgan Stanley's wealth platform.