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.
Honoring Advisors Who Serve(d): Memorial Day, 2020
By Ronald PechtimaldjianThinkAdvisor's yearly compilation highlights 37 military veterans who also serve in the financial advisory industry.
May 21, 2020
Morgan Stanley to Open Wealth Unit in CanadaThe new business aims to build on the firm's current Shareworks stock-plan administrative services.
May 21, 2020
Reg BI Unfair to Financial Planners, FPA Tells CourtFinancial planners are required to register as investment advisors but Reg BI allows brokers to avoid such registration, FPA said.
May 21, 2020
Raymond James, RBC and LPL Nab Wirehouse Reps Virtually: Recruiting RoundupThe firms recently added advisors from UBS, Morgan Stanley and Wells Fargo, despite the pandemic-related shutdown.
May 20, 2020
FINRA Legal Chief Clarifies Suitability Rule Status After Reg BIFINRA is also mulling getting rid of manual signatures, Chief Legal Officer Robert Colby says.
May 19, 2020
Schwab Commits $500K Match to FFP's COVID-19 Fund: Coronavirus Aid RoundupWells Fargo, HSBC and Cetera are among other companies offering COVID-19 relief.
May 18, 2020
Group Sues SEC Over Collection of Investor DataThe gathering of such personal information "is an unnecessary and substantial risk to the privacy of American investors."
May 18, 2020
Advisor Comp May See Big Change Due to COVID-19: Aite GroupThe shift will move from a focus on asset base to one that also includes services provided.