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 Said to Uncover Theft After Ad Sought Speedcoins for Data
By Michael J. MooreData on 900 wealth management clients was posted on Pastebin, which led the wirehouse to investigate the case.
December 31, 2014
Raymond James, Ameriprise Add Teams in MidwestThe teams move with close to $400 million in total assets under management, the broker-dealers say.
December 29, 2014
Wells Fargo Steps Right Up in Compensation ‘Carnival Game’Wells Fargo is the latest to tweak its 2015 pay structure for advisors, making it more complex.
December 23, 2014
A 6-Point Advisor To-Do List for 2015Love that bull market, but to succeed next year no matter how the markets behave, you'll need to follow these six steps.
December 18, 2014
Raymond James Adds 2 Ex-Wells Fargo TeamsThis news follows the successful recruiting of groups from Merrill Lynch, JPMorgan and Stifel Nicholaus.
December 17, 2014
Merrill Signs Ex-NFL Player to Head San Francisco ComplexWillie Thomas, a former Seattle Seahawk, has 20-plus years in the business and will lead nearly 200 reps.
December 16, 2014
FINRA Penalizes Merrill $2.4M Over Pricing of GM NotesThe fine and restitution are tied to markdowns of more than 10% paid to several hundred clients over two years.
December 15, 2014
UBS Reps to See Bigger Wealth BonusesThe 7,000 reps are set to receive more fees and commissions tied to insurance, lending and planning work.