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.
Baird Grabs Wells Fargo Team as FSC Adds Morgan Stanley Reps
By Janet LevauxThe wirehouse groups join an employee-owned firm and an IBD with about $215 million and $300 million in client assets, respectively.
February 04, 2014
UBS Turns Profits Around, Beats EstimatesUBS says its advisors in the Americas have yearly fees & commissions of $1 million on average.
February 03, 2014
AdvisorHUB’s Impact on Breakaway Broker TrendsThe AdvisorHUB wirehouse comp app could be a real disruptor in the broker-dealer recruiting wars.
January 30, 2014
BofA Should Pay $2.1 Billion in Fraud Case, U.S. SaysBofAs Countrywide unit should pay the maximum of $2.1 billion in penalties for selling defective mortgage loans to Fannie and Freddie, the U.S. said.
January 29, 2014
What’s More Lucrative: Wirehouse Package or Selling Your RIA?Data from AdvisorHUB suggests wirehouse recruiting deals might well unlock more value than selling an RIA firm.
January 28, 2014
Focus Draws $1B UBS Breakaway TeamRaymond James tweets its recruiting news, as Morgan Stanley and UBS share their latest advisor deals.
January 27, 2014
Financial Crisis ‘Scarred’ Young Investors: UBS StudyMillennials are not likely to turn to financial advisors, and see saving as much more important than investing.
January 27, 2014
12 Best & Worst Broker-Dealer 401(k) Plans: BrightScopeThe advisors own 401(k) plans at some of these BDs are lacking, BrightScope ratings show.