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.
Advisors, Not Their Clients, Should Lead on ESG Investing
By Bernice NapachThat's the conclusion of multiple presenters at this year's Sustainable Investing Conference sponsored by Gitterman Wealth Management.
September 11, 2018
Fleming's Rockefeller Said to Target Silicon Valley Wealth FirmThe firm, led by the former leader of Morgan Stanley's financial advisors, is in talks to acquire CTC|myCFO assets and aims to buy more wealth companies on the West Coast.
September 07, 2018
Where Will Advisors Be in 10 Years?Much has been reported about advisors' changing role, but "what's new here is that advisors are now believing it," says Howard Schneider.
September 07, 2018
$300M Advisor Accuses UBS of Gender DiscriminationLawyers point to a shift to subtle from brazen discrimination; women accuse firms of freezing them out of lucrative accounts.
September 06, 2018
CE Council Requests Comments on Program ChangesFINRA supports exploring whether individuals who step away from the industry can maintain their qualifications through continuing education.
September 06, 2018
Wells Fargo Said to Face DOJ Probe of Wholesale-Banking BusinessThe Department of Justice investigation is focusing on concerns that bank employees improperly altered customer data.
September 05, 2018
RBC Wealth Adds $425M Duo From Merrill: Recruiting RoundupMeanwhile, a member of Dynasty Financial Partners' network recruits a rep from Wells Fargo Advisors; Ameriprise pulls in advisors from AXA and Oppenheimer.
September 05, 2018
Morgan Stanley Nabs Betterment ExecThe wirehouse hires CMO Paul Halpern to work on digital banking and wealth management sales.