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.
Should Compliance Officers Be Held Personally Liable? SEC's Peirce Weighs In
By Melanie WaddellToo much liability could discourage talented people from working in compliance, the SEC commissioner says.
October 29, 2020
New Dalbar Offering Aimed at Helping Advisors Improve Investor BehaviorQAIB Advisor Studio is available for $250 a year.
October 29, 2020
FINRA Limits Brokers' Ability to Serve as BeneficiariesA new rule requires firms' approval for brokers serving in positions of trust, such as beneficiary or executor, for clients.
October 29, 2020
$475M UBS Team Jumps to RBC WealthThe Michigan-based group spent the past nine years at UBS and earlier was part of Merrill Lynch.
October 28, 2020
SEC Issues Warning on Complex Investment ProductsExpanded access to self-directed accounts and complex investment products may require tighter controls, SEC officials said.
October 28, 2020
JPMorgan Rebrands Wealth Management BusinessThe overall business has been renamed J.P. Morgan Wealth Management, while J.P. Morgan Securities has become J.P. Morgan Advisors.
October 27, 2020
UBS to Invest $200M in Fintech FirmsThe wirehouse launched an initiative called UBS Next, targeting investments in fintech and the overall tech sector.
October 26, 2020
$550M Merrill Team Jumps to RockefellerThe firm's latest recruiting news comes two months after a $400 million group joined it from Morgan Stanley.