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.
Q4 Profits Up 15% at Wells Fargo’s Wealth Unit
By Janet LevauxMorgan Stanley and Merrill Lynch will report their financial results on Tuesday.
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.
December 28, 2015
These Will Be Wall Street’s Most In-Demand Jobs Next YearJob cuts and shrinking bonuses dominated headlines from Wall Street this year, so its easy to forget pockets of the industry are booming.
December 23, 2015
Merrill Paid $4M in Settlements Tied to Barred BrokerA 34-year industry veteran, Thomas Buck led a team including his two daughters, one of whom is also an Indianapolis Colts cheerleader.