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.
UBS Exec: Q1 'One of the Worst' in Recent History
By Patrick Winters, Donal Griffin and Jan-Henrik FörsterGlobal wealth management revenue is down about 9 percent from a year ago, Ermotti said, with the gap narrowing as the quarter proceeded.
March 18, 2019
Nevada Fiduciary Rule Would Scare Off Morgan Stanley, TD AmeritradeThe two firms say they would have to stop serving brokerage customers in the state if the rule is adopted as written.
March 18, 2019
Wells Fargo Said to Be Selling Retirement Plan Business to Principal FinancialA deal could be announced later this month.
March 15, 2019
Morgan Stanley to Sell Wealth Feeder-Fund Business to iCapitalThe deal means iCapital will oversee 115 Morgan Stanley feeder funds, which invest in private equity, hedge funds and real estate for the bank's wealth-management unit.
March 14, 2019
Morgan Stanley Adding Stock-Plan Firm to Wealth UnitThe group, which includes 15,700 advisors, will adjust its leadership structure to manage the Solium Capital platform.
March 14, 2019
Best Full-Service Investment Firms Ranked by Investors: J.D. Power — 2019Many firms' satisfaction ratings have dropped from last year.
March 14, 2019
Raymond James, Stifel Nab $395M Wirehouse Reps: Recruiting RoundupMeanwhile, Securities America and LPL Financial share details on advisors they have added from Questar Capital and U.S. Bancorp.
March 13, 2019
Inside Merrill's New Framework for Wealthy FamiliesFamily governance experts Valerie Galinskaya and Matthew Wesley tell ThinkAdvisor how to help wealthy clients develop spending plans.