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.
CE Council Requests Comments on Program Changes
By Emily ZulzFINRA supports exploring whether individuals who step away from the industry can maintain their qualifications through continuing education.
September 05, 2018
Morgan Stanley Nabs Betterment ExecThe wirehouse hires CMO Paul Halpern to work on digital banking and wealth management sales.
September 04, 2018
Janney Adds 5 Wells Fargo Reps With $445MThe veteran advisors have over 120 years of combined industry experience and come on board in Connecticut and New York.
September 04, 2018
Merrill Can't Restore the Bad Old Days of ConflictsInvestors can use robo-advisors and discount brokerages to minimize conflicted investment advice from traditional retail brokers.
August 31, 2018
Wells Fargo's Latest Woe Is Gender Bias in Wealth Unit: ReportFemale regional managers met recently to find ways to boost their numbers and discuss biases in male leadership.
August 30, 2018
Wells Fargo Reviewing Bankers' Alleged Expense ViolationsMeal-reimbursement policies were violated, spokeswoman says; company has been trying to overhaul its internal culture.
August 30, 2018
Merrill to Bring Back Commissions in Retirement AccountsMerrill has been tinkering with the ban, enacted in response to the DOL fiduciary rule, as the regulatory winds have shifted.
August 29, 2018
Wells Fargo Lawfully Fired Employees Over Background Checks, Appeals Court SaysFederal appeals court says the bank's employment practices didn't discriminate against African-American and Latino former workers and would-be new hires.