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.
Former RIA Killed Himself After U.S. Capitol Riot Arrest
By Jeff BermanThe advisor was found dead three days after he was arrested Jan. 6.
January 15, 2021
RBC Adds 2 UBS Teams With $900MThe firm welcomed a new group of advisors to its Lincoln, Nebraska branch.
January 15, 2021
Wells Fargo Wealth Unit Boosts Profits, Releases More Advisor DataNew figures released by the bank include the average level of yearly revenues (fees and commissions) per financial advisor.
January 14, 2021
Wells Fargo Names Head of Its New Advice CenterBeth Renner shifts to the new role after nine years as the wirehouse's national director of philanthropic services.
January 14, 2021
Ex-Rep, in Prison, Ordered to Pay Wells Fargo $3MIn 2019, the former broker was sentenced to five years for operating a Ponzi scheme.
January 14, 2021
Citi Revamps Its Wealth BusinessCiti has pooled its institutional and retail wealth management teams to form a single unit, Citi Global Wealth.
January 14, 2021
Wells Fargo Close to Selling Asset Management Business: ReportThe wirehouse is in exclusive talks to sell the unit to a private equity consortium, according to Reuters.
January 14, 2021
The Big Mistake That Stifles Indie Advisors' GrowthRIA Robert Fragasso gives ThinkAdvisor some advice on going indie, including a critical lesson he learned in running his firm.