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.
Wells Fargo's Wealth Chief to Retire
By Janet LevauxThe news comes two months after a report of gender-bias complaints at a business he leads.
November 05, 2018
8 Ways HNW Investors See Economy, Congress & TrumpAfter a tough October for stocks, UBS just asked investors with assets of $1 million or more how they are feeling about the markets and political momentum.
November 02, 2018
New Carrots, Sticks in Merrill's 2019 Comp PlanMerrill will institute a noncompensable policy, which executives say is "in line with many of our peers."
November 01, 2018
Stifel Adds 6 Reps From Merrill, UBS and Other RivalsThe advisors are expected to bring over about $660 million starting this quarter.
November 01, 2018
LPL Picks Up $800M Seattle Group From Rival: Recruiting RoundupMeanwhile, Raymond James continues to add reps from Wells Fargo, and Ameriprise recruits a team from FSC.
October 31, 2018
RBC Wealth Nabs $550M Merrill Team in Beverly HillsThe two advisors come on board about one week after RBC added a Wells Fargo group with $1.4 billion in assets.
October 31, 2018
UBS on Hunt for Asset Management DealsAs the firm aims to boost scale, its likely targets may include U.S. and U.K. asset managers focused on retail clients and specialized asset managers in areas such as real estate, sources say.
October 29, 2018
BofA Vice Chairman, Global Wealth Head Laughlin Dies at 63The former chief risk officer worked with CEO Brian Moynihan at FleetBoston Financial.