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.
JPMorgan Nabs Vanguard Exec, Plans to Hire Hundreds of Remote Advisors
By Janet LevauxThe bank's push into digital advice comes about nine months after it restructured its wealth management operations.
September 03, 2020
Envestnet | MoneyGuide Teams With FIDx on Annuities: Tech RoundupAlso, Lincoln Investments selected Riskalyze for tech.
September 02, 2020
DOL Fiduciary Rule Hearing Is Too Rushed, Lawmakers SaySen. Patty Murray and Rep. Bobby Scott urged the department to reopen the comment period after the hearing.
September 02, 2020
Firms Failing to Report Advisors' Disciplinary Histories on Form CRS: WSJThe Journal said it found about 2,300 employees with disclosures that their firms didn't report on the form.
September 02, 2020
Hearsay CEO Clara Shih Steps AsideThe news comes one month after Salesforce Ventures made a strategic investment; Shih will become executive chairperson.
September 02, 2020
Wells Fargo to Pay $2M Over Variable Annuity SwitchesThe firm failed to supervise reps' recommendations that customers switch from VAs to investment company products, FINRA claims.
September 01, 2020
Who Made It Into Merrill's Expanded Model Portfolio Lineup?Eight new fund giants come on board, a day after Bank of America says Merrill clients can trade via its mobile app.
August 31, 2020
$1.2B UBS Team Jumps to Raymond JamesThree ex-wirehouse advisors come on board in Kansas City at a new location for the firm's employee channel.