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.
$1.4B UBS Team Breaks Away With Fidelity
By Janet LevauxThe group is based in Bellevue, Washington, and spent more than a decade with the wirehouse.
October 28, 2019
UBS to Pay Ex-Broker $1.5M for Gender DiscriminationThe suit claims that her branch manager repeatedly referred to her with a curse word.
October 28, 2019
Merrill Adds 40 Non-BofA Model PortfoliosThe products, from BlackRock, JPMorgan, Franklin Templeton and Natixis, include passive and active funds.
October 28, 2019
Annuities: Love 'em or Hate 'em, Here's What Advisors Should KnowRetirement experts Michael Finke, David Lau, Wade Pfau and David Blanchett weigh in.
October 25, 2019
Wells Fargo Welcomes Next-Gen Black Advisors to the Family BusinessFour young African American advisors tell ThinkAdvisor about joining their parents' firms and how Wells Fargo is paving the way for more young minority talent.
October 25, 2019
FINRA Slaps RBC With $2.9M FineOver eight years, the firm failed to ensure that investors in ETFs, ETNs and mutual funds received prospectuses.
October 25, 2019
BNP Paribas Hit With $15M FINRA Fine for AML FailuresBNP's AML program did not include any surveillance targeting potential suspicious transactions involving penny stocks, FINRA says.
October 24, 2019
FINRA Suspends a Top Advisor for Cheating on CE CourseworkBruce K. Lee, formerly with Merrill and now with an RIA, had staffers complete his CE training for nearly four years.