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.
Janney Grabs $273M Father-Son Team From Merrill
By Janet LevauxThe firm also added a former athlete and ex-Morgan Stanley advisor in New Jersey.
February 03, 2020
FINRA Plan Would Allow Capital Acquisition Brokers to Register as AdvisorsCABs could register as investment advisors if the advisory services are provided only to institutional investors.
January 30, 2020
United Capital to Be Rebranded With Goldman in Its NameGoldman is building out its HNW and mass affluent focused business.
January 29, 2020
Which Firms Are Losing Advisors to UBS?UBS recently added advisors with a total of $12.5 billion in assets and $29.6 million in yearly fees & commissions.
January 24, 2020
Merrill Lynch Wealth Unit Taps New COOKirstin Hill, now head of Strategic Performance, will take the reins from the retiring Mike Adornetto.
January 24, 2020
Morgan Stanley Rolls Out New Mobile Banking ProgramSeparately, the wirehouse reported that it ended 2019 with 15,468 financial advisors and $2.7 trillion in client assets.
January 24, 2020
Wealth Management M&A on a Tear, and Mutual Funds Are Next: PwCTwenty percent of mutual fund managers may be gone in the next five years, according to the consultancy.
January 24, 2020
What to Make of Wirehouse Comp PlansConsultant Andy Tasnady explains recent changes at Wells Fargo, Morgan Stanley and UBS.