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.
Recruiting Roundup: Raymond James Grabs $2M Team from Wells Fargo, Davenport
By Marlene Y. SatterMeanwhile, Merrill Lynch adds a wealth strategist in Miami; Focus Financial draws large RIA in New York.
January 07, 2016
Recruiting Roundup: $400M Team Leaves First Allied for DFPGIn other news, Raymond James says a bank group has become its latest institutional affiliate.
January 06, 2016
Morgan Stanley Brokerage Chief Exits, Kelleher Named PresidentCEO James Gorman said to plan longer tenure; Colm Kelleher gains oversight of wealth management unit.
December 31, 2015
Who Wins, Who Loses With New DOL Rule? $3 Trillion in PlayMorningstar's Stephen Ellis looks at the costs, benefits of DOL fiduciary rule, says $3 trillion in assets will be affected.
December 29, 2015
Ex-JPMorgan Bankers Accused of Stealing From the DeadTwo personal bankers stole $400,000 from inactive accounts, prosecutors say; preyed on accounts in Brooklyn, police say.
December 29, 2015
JPMorgan Wants Ex-Worker Found in Contempt Over PoachingBank says ex-employee Salvatore Alesia is improperly soliciting former clients after joining Morgan Stanley.
December 29, 2015
Raymond James Grabs Wells Fargo Rep in DenverVeteran advisor Robert Campbell comes on board with an associate and some $190 million in client assets.
December 28, 2015
Morgan, Merrill Reveal 2016 Compensation, Bonus DetailsMorgan Stanley is emphasizing growth in its private bank operations while Merrill Lynch unleashed a new pay grid for its advisors.