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 Adds 2 Reps, Boosts Overall Headcount in Q3
By Janet LevauxThe third-biggest wirehouse says its client assets total $1.4 trillion.
October 14, 2014
The Bizarre Recruiting Case of Alfonso MontoyaA $150 million book of business Wells Fargo promised him never materialized and then the wirehouse took him to arbitration.
October 10, 2014
Hacked: What to Do When Cybercriminals Hit Your FirmCybersecurity is a constant threat, and considering how attractive a target a financial firm is, especially if it serves high-net-worth clients, advisors should be prepared for the worst.
October 10, 2014
Enforcement Roundup: FINRA Fines Morgan Stanley for Failures to Supervise Advisor ProgramIn other action, Massachusetts charges couple with fraud in real estate ventures.
October 09, 2014
ThinkAdvisor’s 2014 Q3 Earnings Calendar for the Finance SectorA list of Q3 earnings release dates for companies of interest to financial advisors and investors.
October 09, 2014
SEC Slaps E*Trade for Unregistered Transactions, Issues Risk AlertSEC says that brokerage subsidiaries of E*Trade engaged in unregistered sales of micro-cap stocks; also issues Risk Alert reminding BDs of unregistered transaction duties.
October 09, 2014
New Hire Roundup: Vanguard’s McNabb to Serve Additional Term at ICIMeanwhile, Dynasty Financial Partners announced a new partnering with Nova Wealth Advisors.
October 06, 2014
Focus, Dynasty Add Teams; Morgan Stanley Grabs 4 FAs With $660MBoutique firms continue to attract registered reps, including some from the wirehouse firms.