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 Posts Mixed Results, $23B in Wealth Inflows
By Myriam Balezou and Noele IllienThe bank's earnings topped estimates, but pretax profits at the wealth management unit fell short of them.
July 18, 2025
Rockefeller Recruits $2B UBS Team in New YorkThe Entrepreneur Group is led by Emily Kramer Rubin, Kenneth Shapiro and Thomas Livaccari.
July 14, 2025
Morgan Stanley, Goldman and Wells Fargo to Settle $120M LawsuitThe trio helped Bill Hwang’s $36 billion family office place massive bets on stocks.
July 10, 2025
Merrill Ordered to Pay Clients Nearly $3.7M Over PE Investments“This is the largest FINRA customer award against Merrill Lynch this decade," the clients' lawyer said.
July 09, 2025
Ex-Merrill Advisor Accused of Stealing Nearly $2.6M From Retired Miami DolphinIsaiah T. Williams Jr. was arrested and released on a $1 million bond.
June 27, 2025
Wells Fargo to Cut Nearly 200 Jobs in North CarolinaThe banking giant has announced layoffs in several U.S. locations this year.
June 27, 2025
Trial Underway for Ex-Banker Charged With Murdering BofA ExecAnthony Duwayne Turner is fighting charges that he killed Michelle Avan, his former girlfriend.
June 27, 2025
$1.1B UBS Team Moves to RBC WealthThe nine-member Centennial Wealth Management Group joins a new branch office in suburban New York.