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.
Raymond James Adds $555M Wirehouse Reps in West
By Janet LevauxThe advisors moved from Merrill Lynch and Morgan Stanley; they come on board in Hawaii, California and Texas.
December 27, 2017
Tax Plan Could Change How Wall Street WorksNew legislation offers traded partnerships options for change; a key issue is whether becoming a corporation is worthwhile.
December 20, 2017
CFP Board Releases Latest Proposed Changes to Ethics and Conduct CodeThe Board is especially seeking comment on the exclusion of custodial and TAMP fees from required client disclosures.
December 20, 2017
Broker-Dealers, Banks & Financial Services Set for a Banner 2018Regulatory and tax relief coming from Washington should benefit this sector, equity analysts say.
December 14, 2017
Raymond James Recruits Wirehouse Reps With $1.75BThe 11 financial advisors join its employee, independent and Alex. Brown units from UBS, Merrill Lynch and Morgan Stanley.
December 12, 2017
SIFMA Sees SEC Fiduciary Rule Proposal Within 18 MonthsThe lobbying group takes SEC Chairman Jay Clayton "at his word" that the rule is a top priority, CEO Ken Bentsen says.
December 04, 2017
Merrill to Stay in Broker Protocol; Wells Fargo on FenceOne recruiter wonders: Why is the BofA wealth unit staying in the recruiting deal while Morgan Stanley and UBS have left?
December 04, 2017
Morgan Stanley Undercuts Rivals With RoboTargeting younger investors, Morgan Stanley has launched its online platform, Access Investing, with an annual fee below that of wirehouse rivals.