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.
Morgan Stanley CFO to Leave for Google
By Janet LevauxRuth Porat will take the same position at Google and will be one of the few female top executives in Silicon Valley.
March 19, 2015
Morgan Stanley’s Dhanda Named to New Role in Wealth UnitHe replaces Andy Saperstein, who is becoming co-COO of institutional securities.
March 17, 2015
FiNet President: Wells Fargo ‘Loves Our Growth Story’Wells Fargo Advisors independent channel has been on a tear, adding 99 advisors last year, FiNet President Kent Christian says.
March 16, 2015
For Product Providers, Wirehouses Still Rule: CerulliThough wirehouses' market share is declining, they still hold the biggest share of assets, so product providers must adapt to their changing needs, Cerulli says.
March 16, 2015
All Eyes on SEC Chief to Move Fiduciary Forward, FINRA’s Ketchum SaysMeanwhile at SIFMA's regulatory conference, the Wall Street lobby released a study challenging the White House's claim that conflicted advice costs investors $17 billion annually.
March 13, 2015
Baird Adds Ex-UBS Team, Former Morgan Stanley FA in TexasMeanwhile, Raymond James recruits five advisors to its financial institutions group.
March 11, 2015
Deconstructing One Broker’s Take on a Fiduciary StandardA broker responds to my March column for investment Advisor on the fiduciary standard and makes some good points. And some not-so-good points.
March 09, 2015
Raymond James Adds $1.9M Ex-Morgan Stanley TeamThe group of two reps managed about $150 million of client assets in Washington, D.C.