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.
SEC's Investor Advocate Decries Deregulatory Agenda Under Clayton
By Melanie WaddellEfforts to "modernize" or "streamline" rules hurt investors, Investor Advocate Rick Fleming says in his year-end report to Congress.
December 30, 2020
Morgan Stanley to Return $1.7M in Excess 529 Plan Fees, InterestFINRA's self-reporting 529 plan share-class program includes $2.7 million in total restitution and interest paid to clients of 3,900 accounts.
December 23, 2020
FINRA Seeks Feedback on Lessons Learned From COVIDThe group requests input on changes to business operations due to remote work as well as business continuity planning.
December 23, 2020
SEC Seeks Feedback on BDs' Custody of Digital AssetsSecurities regulator also wants comments on "evolving standards and best practices" with respect to custody of digital asset securities.
December 23, 2020
Ex-Merrill Rep Sentenced to 8 Years in Prison for FraudThe former broker had pleaded guilty to investment advisor and wire fraud.
December 23, 2020
How to Get Clients Started on Legacy PlanningRather than focusing on inheritance, ask clients what they want their long-term impact to be, says attorney and tax expert Toby Mathis.
December 22, 2020
SEC to Ramp Up Reg BI Exams in January"Most advisors don't have a process in place to cover what SEC Reg BI requires" when it comes to retirement rollover options, says Ed Slott.
December 17, 2020
Fusion Financial Founders to Provide 'White Glove' IT Services for RIAs: Tech RoundupAlso, Broadridge appoints a chairman for its LTX trading platform.