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.
$900M UBS Group Moves to Dynasty; LPL Team Jumps to Raymond James
By Janet LevauxThe New York-based team going independent includes four former wirehouse advisors, while the LPL group has three reps at $310 million in assets.
November 04, 2013
UBS Grabs 11 Merrill Reps With $5 Billion in AssetsMeanwhile, Wells Fargo recruits a UBS team with nearly $130 million in client assets.
November 01, 2013
Morgan Stanley Launches Sustainable Investing Group With $10B TargetThe bank also pledges $1 billion in housing investments and sets up a fellowship program to help grow the initiative.
October 31, 2013
Merrill to Pay $500K Over Jailed AdvisorJane O'Brien borrowed more than $2.2 million from clients and tapped out her IRA to cover personal expenses, Massachusetts regulators said.
October 31, 2013
When It’s Time to Run, Not Walk, to IndependenceAdvisors Traci Richmond and Mike Patton talk about why, how and how not to make the big move.
October 29, 2013
UBS Execs: Less Advisor Turnover, Lower Comp Costs AheadThe bank also reports a turnaround in profits, despite hefty legal and other charges.
October 28, 2013
Perks of Going Indie: Recruitment Bonuses, Higher Payouts, Supportive CEOsThe world of independent RIAs and broker-dealers is wider and deeper than many advisors suspect. On Wednesday, a ThinkAdvisor trade show will help you navigate.
October 28, 2013
2 Merrill Reps Go Indie, Join Dynasty FinancialThis brings the TRUE Group to about $500 million in assets, with plans to keep growing over the next few years.