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.
SIFMA Outlines 2016 Priorities
By Bernice NapachSIFMA CEO and President Ken Bentsen listed the trade associations major initiatives, starting with cybersecurity.
November 24, 2015
Why Advisors Ignore ESG Investing at Their PerilAdvisors who fail to understand the growing popularity of investing according to environmental, social and governance principles risk falling behind their competition.
November 24, 2015
Recruiting Roundup: UBS, Others Nab More Credit Suisse RepsMeanwhile, Raymond James recruited a group of breakaway brokers and several Wells Fargo FAs.
November 24, 2015
Morgan Stanley Adds Bonuses for Advisors Who Land Cash-Heavy ClientsUnder Morgan Stanley's 2016 comp plan, advisors can receive $5,000 to $50,000 a year for growth in clients who are cash management engaged.
November 24, 2015
Ex-Morgan Advisor, in Unusual Move, Takes FINRA Arb Case to Federal CourtFew advisors appeal a FINRA promissory-note ruling because the odds of winning are slim; however, Laurie Facsinas case is different from most.
November 19, 2015
Wells Fargo Promotes Sloan, Positioning Him as Likely CEOIt establishes a succession plan, says analyst Marty Mosby, though the bank adds there are other viable candidates.
November 18, 2015
Wells Fargo Sees ‘Feeding Frenzy’ for Credit Suisse AdvisorsWealth head David Carroll says retention bonuses are `much lower' than those of peers.
November 18, 2015
Recruiting Roundup: Where Are the Credit Suisse Reps Going?Many of these advisors decline to hook up with Wells Fargo and opt instead to join rival wirehouses.