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.
Raymond James Adds $400M Merrill Team in Cincinnati
By Janet LevauxThe duo has about $2 million in production and joins the employee advisor channel.
June 04, 2015
4 Signs the Wirehouse Team Ain’t Movin’There are some easy ways to probe the real intentions of advisors who say they want to go independent.
June 03, 2015
Wells Fargo, Hearsay Social Roll Out New Tech ToolsThe wirehouse boosts reps' tablet power, while the social media tech firm introduces a "universal" supervision solution.
June 03, 2015
SIFMA, FSR Propose ‘Uniform Best Interests’ Standards for BDsSIFMAs CEO, Ken Bentsen, says its legal standard would protect investors and avoid separate and inconsistent fiduciary policymaking at DOL and SEC.
June 03, 2015
Raymond James Lands Its Biggest Recruit Ever, From Morgan StanleyThe Americas Group, based in South Florida, manages some $2.4 billion for retail and institutional clients.
June 01, 2015
Be Afraid … Be Very AfraidThe number of wirehouse advisors over the years who switch to independent firms tends to rise at a glacial pace—far out of proportion to the estimated…
June 01, 2015
Breaking Away—When the Wirehouse Wants You to StayIndependence-minded advisors encounter significant incentives and obstacles oriented toward keeping them and client assets in-house.
May 29, 2015
Raymond James Adds Team in Flooded Texas RegionMeanwhile, Raymond James, BofA and Wells Fargo are donating to flood relief, and RJ says it is buying Producers Choice Network.