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.
Advisor Fired After 50 Years at Wells Fargo Alleges Age Discrimination
By Dinah Wisenberg BrinKenneth Schneider contends in a lawsuit that his swearing at work was a pretext for the dismissal.
April 09, 2026
$2.4B Ex-UBS Team Launches Evertern Wealth With DynastyBased in Naples, Florida, the firm will serve high-net-worth families and retirees and custody assets at Goldman Sachs.
April 08, 2026
Morgan Stanley Debuts Bitcoin ETF as Price Slump Rattles HoldersIt joins 10-plus spot-Bitcoin ETFs that launched over the past two years and collectively command over $85 billion in assets.
April 07, 2026
Morgan Stanley Plans Private Credit Fund Even as Investors FleeThe North Haven Strategic Credit Fund may include "a wide spectrum of credit strategies," an SEC filing states.
April 03, 2026
Ex-Merrill Rep Suspended, Fined After Firing Over False StatementsMark S. Sorrell, who was dismissed by Merrill in 2024, knew a client lacked sufficient funds to buy a home.
March 28, 2026
BofA to Pay $72.5M to Settle Epstein Victim LawsuitAccording to the suit, Apollo Global co-founder Leon Black used the bank's accounts to transfer $170 million to Epstein.
March 27, 2026
Morgan Stanley Gets FINRA Waiver From Disqualification After $15M SEC SettlementThe regulator approved the firm's request to remain an industry member; LPL received a waiver in January.
March 26, 2026
BofA, Merrill Roll Out AI Tech for Advisor-Client MeetingsThe program provides prep materials, summaries and next steps, potentially saving advisors hours per meeting.