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.
Direxion Introduces Connected Consumer ETF: Portfolio Products
By Jeff BermanAlso, T. Rowe Price is changing the strategy of its long-term U.S. Treasury fund from active to passive.
August 28, 2020
DOL Fiduciary Rule Hearings to Be Held on Quick Timeline With Limited TestimonyThere are several notable differences from when the Obama Labor Department held hearings on the 2016 fiduciary rule.
August 27, 2020
Hightower, LaSalle Add New Groups: Recruiting RoundupMeanwhile, Advisor Group shares plans for its national conference and one of its broker-dealers brings on a team from Ameriprise.
August 26, 2020
SEC's New Accredited Investor Definition Gets Mixed ResponseSome industry players cheered the expansion, while others said it didn't go far enough.
August 26, 2020
Morgan Stanley Launches 'Women Without Limits' ProgramThe new initiative will focus on promoting financial literacy and spotlighting female leaders.
August 26, 2020
World's Top 20 Biggest Asset Managers: 2020Here are the firms with the most assets under management, according to ADV Ratings.
August 25, 2020
Wells Fargo to Pay $7.8M in Back Wages Over Hiring DiscriminationThe decision affects some 34,200 African Americans and 310 women who applied for banking, administrative and other jobs.
August 24, 2020
UBS Nabs $3B Team From Goldman SachsThe Washington, D.C.-based private wealth group includes three advisors and one trust and estates specialist.