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.
Groups File Petition to End SEC Crackdown on 12b-1 Fees
By Melanie Waddell"It is time for the SEC to stop its troubling, ongoing trend of backdoor regulation," said FSI's Dale Brown.
April 27, 2020
SEC Clarifies When Use of 'Advisor' Violates Reg BIThe SEC recently updated its Reg BI FAQ guidance.
April 27, 2020
LPL Adds $300M Wells Fargo Team to Breakaway ChannelThe group comes on board using the independent broker-dealer's new affiliation model for wirehouse reps.
April 24, 2020
FINRA Is on a Hiring SpreeFINRA's new virtual onboarding initiative, "FINRA in a Box," was launched in March to get new workers set up at home.
April 24, 2020
FINRA Wants IAR Info to Be Available on BrokerCheckThe SEC's investment advisor database recently added BrokerCheck info.
April 23, 2020
Wells Fargo Nabs Merrill, Morgan Stanley, UBS Reps; Loses Team to RBC: Recruiting RoundupBut Wells' employee channel lost a $688 million team to RBC in Wisconsin.
April 22, 2020
Janney Adds 11 Wirehouse Advisors With $930B in AssetsThese registered reps moved in the first quarter from Morgan Stanley, Wells Fargo and Merrill Lynch.
April 22, 2020
The 2020 IA25: David KellyJPMorgan Asset Management's chief global strategist explains how to position portfolios during the coronavirus.