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 Robo Pilot Set for Summer; Rollout for Late 2017
By Janet LevauxThe service, to be called Intuitive Investor, aims to bring in new, younger clients to its wealth management unit.
February 27, 2017
Broker-Dealers Spotlight TechnologyWhile regulatory issues are keeping the wirehouse and other employee-advisor firms busy, other operational matters demand their attention, too.
February 27, 2017
11 Best & Worst Broker-Dealers: Q4 Earnings, 2016Earnings growth in the financial sector has been robust so far, according to LPLs CIO Burt White.
February 24, 2017
Merrill Trims Fees for Some Clients With Less Than $1MThe cuts could bring charges down to roughly 2.2% of assets, saving clients some $5,000 a year.
February 23, 2017
Triad Adds OSJ With 11 Reps, $5B in Assets: Recruiting RoundupMeanwhile, Cambridge promotes executive; Echelon Partners taps ex-LPL M&A specialist, others for new roles.
February 22, 2017
Wells Fargo Fires Managers, Denies Bonuses in Account ProbeBank doesnt specify what prompted four managers termination; board may yet release more information, source says.
February 17, 2017
FINRA Panel Says UBS Must Pay $9M to Puerto Rican Muni InvestorThe arbitration ruling comes just one month after an $18 million ruling, with more decisions expected.
February 15, 2017
First Republic, FiNet Grab Reps From Rivals: Recruiting RoundupA UBS advisor moves firms in SoCal, while two registered reps with LPL and Edward Jones join Wells Fargo Financial Network.