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.
20,000 Advisors by 2022? No Problem, Says Edward Jones
By Emily ZulzAccording to Katherine Mauzy, a revamped recruiting strategy focused on established advisors from competing firms is fueling growth.
August 24, 2018
More Fintech and Active/Passive Analysis in Next Year's CFA ExamThe updated CFA curriculum reflect the latest changes in investment management.
August 24, 2018
The Potential Fallout From JPMorgan's Free Stock Trades PlanMoody's Investors Service analysts foresee a negative impact on Schwab, TD Ameritrade and E-Trade.
August 23, 2018
Raymond James Grabs $1B Wells Fargo Team, $235M Merrill Group: Recruiting RoundupRBC Wealth Management said a team with $390 million and an advisor with $170 million have been recruited from Wells Fargo; Janney picks up a Merrill group with $235 million.
August 17, 2018
Louisiana Bans BofA, Citi from Bond Sale Over Gun PoliciesCommission votes to exclude top U.S. underwriters from deal; bank policies seen 'infringement on the rights' of residents.
August 16, 2018
At 34, and Top-Rated by Forbes, Merrill Advisor Forms His Own Wealth FirmMichael Henley, rated a top next-gen advisor by Forbes, was eager to take his wealth clients and get out on his own.
August 15, 2018
Raymond James, Affiliate Add 4 Wells Fargo Reps With $662M: Recruiting RoundupMeanwhile, a duo of Wells Fargo advisors move to Ameriprise Financial in California with some $161 million in assets.
August 14, 2018
Credit Suisse Is Splitting Its Main Wealth Unit Into 7 RegionsThe bank is said to be giving more autonomy to regions; announcement on split could come this week.