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.
FINRA Board Approves Expungement Changes
By Melanie WaddellFINRA approved creating a roster of arbitrators with enhanced training to decide whether to expunge customer complaints about brokers.
October 02, 2019
Number of BDs Continues Steady Decline, FINRA Report ShowsThe report "is further evidence of the decline of the broker-dealer model," said former FINRA enforcement chief Bennett.
October 02, 2019
FINRA Slaps UBS With $2M Fine for Repeat Muni ViolationsUBS failed to timely address municipal short positions and inaccurately represented the tax status of thousands of interest payments to customers.
October 02, 2019
How a UBS Exec Gets Families to Open Up About Wealth TransferJudy Spalthoff of UBS tells ThinkAdvisor some tools and techniques to guide these conversations — including a card game.
September 27, 2019
Pressure Is On as Wells Fargo Names New CEOCan Charles Scharf restore the firm's reputation after years of scandals?
September 27, 2019
Wells Fargo Names New CEOThe news comes six months after Tim Sloan left the post in the face of political pressure.
September 26, 2019
Stifel Adds $140M Rep From Wells Fargo: Recruiting RoundupMeanwhile, both LPL Financial and Raymond James bring on financial advisors from Ameriprise and other rivals.
September 24, 2019
$675M Merrill Team Moves to AmeripriseAnnapolis, Maryland-based CAM Wealth Management includes four advisors, one of whom was with Merrill for the past 33 years.