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 Sets Sights on Registered Index-Linked Annuities
By Melanie WaddellThese annuities have seen a significant jump this year, said FINRA CEO Cook.
November 03, 2020
Stifel Adds 3 Merrill AdvisorsTwo advisors moved to Stifel in Dallas, while the other did so in the St. Louis area; the three had combined assets of $243 million.
November 03, 2020
Eaton Vance Wealth Unit Wraps Up Purchase of $2.3B RIAThe news comes about one month after Morgan Stanley said it was buying asset manager Eaton Vance for $7 billion.
November 02, 2020
FINRA: Ex-BofA Analyst Charged 'Adult Entertainment' on Corporate CardThe analyst charged about $21,000 at an "adult venue," FINRA says.
November 02, 2020
Commonwealth to Target Wirehouse Advisors in New Recruiting PushAfter a "rollercoaster year" for recruiting, the firm is preparing for a wave of wirehouse breakaways, Commonwealth exec Andrew Daniels tells ThinkAdvisor.
November 02, 2020
SEC Enforcement Actions Down 17% in 2020But financial remedies ordered set a new high, according to the agency's enforcement chief.
October 30, 2020
Should Compliance Officers Be Held Personally Liable? SEC's Peirce Weighs InToo much liability could discourage talented people from working in compliance, the SEC commissioner says.
October 29, 2020
13 Best & Worst Broker-Dealers: Q3 Earnings, 2020Though the pandemic continues to impact the financial results of BDs, COVID-19's negative influence wasn't as serious as in the prior period.