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.
Wells Fargo Profits Flat, but Wealth Unit Jumps
By Janet LevauxThe wealth units Q2 results had an 11% rise in profits on higher asset-based fees.
July 09, 2015
What Wealthfront’s Attack on Betterment Is Really AboutThe real competition for Wealthfront is with the other 99.9% of industry assets that arent managed by ANY robo-advisor," says Michael Kitces.
July 07, 2015
Raymond James Grabs $120M Team From MerrillThe two female financial advisors go independent with the firm in Utah.
July 06, 2015
Post-Merger Tech Integration Doesn’t Have to Be PainfulTechnology should not make or break a potential merger, but integration, compliance and liability issues should certainly be part of the discussions.
July 06, 2015
HD Vest on Track to Add 620 Advisors in 2015The firm is "having a great year," CEO Roger Ochs told ThinkAdvisor.
July 02, 2015
Pentagon Honors Wells Fargo Advisor for ServiceStephen H. Lee has raised over $5 million to support USO programs for wounded soldiers.
July 01, 2015
Focus Financial Adds $1B RIA in ChicagoAlso, Raymond James adds a $390 million independent-employee group in Beaufort, S.C., from Wells Fargo.
June 30, 2015
FINRA Earnings Surge as Fines DoubleThe self-regulator collected more than twice the amount of fines in 2014 as it did a year earlier, though the number of fines fell.