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.
Why Big Firms Are Losing the Hearts and Minds of Advisors
By Shirl PenneyA shift away from complacency is underway, and it favors advisors aligned with independent RIAs.
August 27, 2025
Merrill Still Discriminates Against Black Advisor Trainees: LawsuitThey are treated as "unpaid temporary laborers to do the grunt work of gathering assets," a complaint contends.
August 20, 2025
Citi Wealth Head Sieg Faced Conduct Probe by Law Firm: ReportAmong other complaints, Sieg was accused of making a managing director cry, Bloomberg reported.
August 13, 2025
Here's Who Nailed Calls for a Swift Stocks RecoveryJust two Wall Street forecasters stuck to their bullish outlooks, which turned out to be the right call.
August 12, 2025
Ex-Banker Convicted of Murdering BofA ExecAnthony Duwayne Turner was found guilty of murder, rape and burglary in Michelle Avan's slaying in Southern California.
August 12, 2025
Recruiting Deals Offer More Than Money, But the Money's Really Good, TooThere’s a rush to get the assets of longer-tenured advisors before they get locked up in a sunset package.
August 12, 2025
Jury Hears Case of Ex-Banker Charged With Murdering BofA ExecAnthony Duwayne Turner was prosecuted for the alleged rape and killing of Michelle Avan, his former girlfriend.
August 06, 2025
Ex-Merrill Broker Faces Disciplinary Process Tied to Trading, Sales PracticesAli Chehab wouldn't provide documents, FINRA alleges, and told staff: "I do not care if I get barred."