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.
30 Best Paying College Majors: 2014
By Dan BermanAs college degrees become almost mandatory for landing a decent job, find out which majors give the best chance to land a high-paying job.
May 15, 2014
Raymond James, Wells Fargo Grab Teams From RivalsMeanwhile, Securities America and Stratos Wealth attract groups of breakaway brokers.
May 14, 2014
Morgan Stanley Names New Head of Private WealthEric Benedict will now lead more than 350 advisors serving ultra-high-net-worth clients.
May 13, 2014
Ritholtz: The Parasites of FinanceSome parts of the financial industry "are still hanging on despite overwhelming proof of their lack of purpose or added value," Barry Ritholtz said.
May 12, 2014
SEC’s Gallagher: Fiduciary Debate Biased Against BrokersThe debate is not fair right now because there is much more exam data on brokers than on advisors, SEC Commissioner Daniel Gallagher told ThinkAdvisor.
May 12, 2014
Raymond James Nabs Morgan Stanley Rep; Indie Washington Wealth Adds Merrill FAStephen Besse moves with about $360 million in assets, while Matthew Griffith goes independent with about $75 million.
May 10, 2014
Alt Mutual Fund Use Up Sharply at WirehousesWirehouse advisors now use more liquid alternative mutual funds than traditional alternative products like hedge funds, a recent study found.
May 08, 2014
HighTower Network Gets Gryphon Financial From Morgan StanleyGryphon Partners, with $600 million in AUM, becomes HighTower's third Network team.