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.
LPL Brings on $495M Reps: Recruiting Roundup
By Janet LevauxMeanwhile, Raymond James and Wells Fargo pick up advisors from wirehouse firms and other broker-dealers.
February 19, 2020
UBS Snatches $6B Wealth Team From GoldmanThe under-50 duo of Denis J. Cleary and Gregory M. Devine also have about $20 million in yearly fees and commissions.
February 19, 2020
FINRA Suspends Ex-Merrill Rep Over Unauthorized TransactionsThe former broker signed 15 subscription agreements with a third-party advisor, the regulatory group says.
February 14, 2020
Merrill Taps New ExecCraig Young used to lead the wealth market in Westchester-Greenwich, Connecticut.
February 13, 2020
Wells Fargo Shares Details on New Sexual Harassment Policy"We have achieved momentum," said financial advisor Rachel Robasciotti.
February 13, 2020
SEC Issues Updated FAQs on Reg BI, Form CRSThe FAQs address accredited investors, dual registrants and affiliate relationships.
February 13, 2020
Stifel Nabs $332M Merrill Reps in TexasMeanwhile, a Woodbury Financial Services affiliate adds a father-daughter team with $115 million in North Carolina.
February 12, 2020
Banks, Financial Services Must Do Better on Diversity: House ReportAlthough the business has made strides in diversity hiring, it's not enough, says the House Financial Services Committee.