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.
LPL Expects to Launch Robo-Advisor This Year
By Bernice NapachLPL is also casting a wide net to attract advisors, including those who want to simultaneously sell their business.
February 26, 2016
Rep-as-Portfolio-Manager Programs’ Assets SurgeSince the 2008 market collapse, advisors who may have previously outsourced portfolio management to home-office consulting groups are reasserting control of client accounts," Cerulli says.
February 25, 2016
No, DOL Fiduciary Rule Not Driving Advisors Away From Firms: Brian HamburgerThe market for breakaway advisors has never been more ripe, but thats not due to the DOL fiduciary proposal, says MarketCounsel's Brian Hamburger.
February 24, 2016
Recruiting Roundup: Wells Fargo Gains 2 Advisors From RivalsNorthern Trust expands Houston wealth management team; Raymond James adds affiliate.
February 24, 2016
Merrill Lynch Wealth Promotes 2 ExecsA new vice chairwoman is named, along with a new top manager for the New York metro area.
February 22, 2016
DOL Fiduciary Rule Will Accelerate Broker-Dealer ClosingsThrow in continued stock market weakness and many BDs, especially smaller ones, will be forced to close their doors.
February 22, 2016
13 Public Colleges With the Best ROI: Princeton ReviewGraduates of these schools can expect great career prospects and don't have to mortgage their futures to pay for their degrees, The Princeton Review says.
February 22, 2016
Top Portfolio Products: New Options From RetireUp and Guardian InsuranceA new database from Stanford Law School and Sullivan & Cromwell could help advisors stay compliant with the Foreign Corrupt Practices Act.