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.
6 Ways Merrill Aims to Boost Its Brokers' Results
By Janet LevauxA Merrill executive discusses some changes on deck for the year, such as training and recruiting shifts.
January 15, 2020
J.P. Morgan Securities to Pay SEC $1.5M for Share Class ViolationsThe brokerage firm failed to provide retail retirement account and charity customers with sales charge waivers and lower-fee share classes.
January 14, 2020
For Wealth Managers, M&As Surge to New Record in 2019The same forces that drove M&A activity in 2019 are expected to prevail this year, according to Fidelity.
January 14, 2020
Goldman Looks Golden After JPMorgan and Citi Results BeatWells Fargo missed estimates, its results included $1.5 billion of litigation accruals, and it forecast net interest income would drop in 2020.
January 10, 2020
Raymond James Nabs $800M Wells Fargo Team in Salt Lake CityMeanwhile, Stifel says it added a Wells Fargo rep and an advisor duo from UBS with a combined $213 million.
January 09, 2020
Fidelity Launches First Full-Service HSA for AdvisorsFidelity's HSA for advisors and other financial intermediaries is integrated with Wealthscape, its advisor technology platform.
January 09, 2020
Beware California's New Data Privacy LawIt may affect you if you have clients there, and other states may follow suit.
January 08, 2020
Ex-NFL Player, Merrill FA Gets 40-Year Prison SentenceMerrill Robertson Jr., who played for UVA and the Philadelphia Eagles, cost some 63 investors about $9 million.