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.
Ameriprise Nabs $321M Morgan Stanley Team
By Janet LevauxSnowden Lane picks up a Merrill Lynch advisor, as movement from the wirehouses continues during the COVID-19 crisis.
April 27, 2020
FINRA, NASAA to Launch Online Testing ServicePrometric, which administers FINRA exams, will supervise exams via the computer camera and other web tools.
April 27, 2020
Breaking Away in a Pandemic: How 2 Advisors Launched Their Own RIA FirmsElk River Wealth Management and Quantum Private Wealth overcame challenges to open their doors in recent weeks.
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.