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.
World's Top 20 Biggest Wealth Managers
By Michael S. FischerADV Ratings ranked the firms, including all four wirehouses, by assets under management.
September 09, 2020
How Much Do Financial Advisors Earn in Different States?The average advisor earns far more in some states than others.
September 08, 2020
Bank of America Wants More Diversity on Its Investment PlatformThe bank is enhancing initiatives to encourage racial and gender diversity in asset managers and their investments.
September 08, 2020
Merrill Cracks Down on Third-Party FreebiesThe bank's nearly 17,900 advisors can no longer accept free golf games or many meals from product and service providers.
September 08, 2020
Buffett Slashes Stake in Wells FargoThe bank's stock is down more than 50% year to date.
September 04, 2020
$1.4B Merrill Team Jumps to RBC WealthThe firm says it has recruited wirehouse and other reps with about $20 billion in assets so far this year.
September 04, 2020
FINRA Bars Ex-Merrill Rep Who Refused to Cooperate With ProbeThe former broker declined to provide documents and info requested as part of an investigation, FINRA says.
September 04, 2020
Ex-Merrill Rep Indicted; Accused of Bilking Pastors, ChurchgoersThe former broker has been indicted on six counts of mail fraud and one count of securities fraud.