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.
Morgan Stanley to Slash 1,600 Jobs
By Janet LevauxThe cuts focus on institutional operations, such as investment banking and trading activities at the wirehouse.
January 07, 2013
FINRA Advances Bonus Disclosure Plan for BrokersFINRA fulfilled its promise to seek comments on its controversial plan to require brokers to disclose their pay packages.
December 28, 2012
Wall St. Ignores Noise, Sees Bullish 2013 for StocksWall Street believes that the worlds central banks will do their best in 2013 to force reluctant investors to move their money out of bonds and into stocks.
December 27, 2012
Will the DOL Finally Show that Fiduciary Advice Is Better Business?Cornerstone of new proposal is expected to be substantial economic analysis.
December 27, 2012
Major Wirehouses Hit by FINRA for Lobbyist PaymentsFINRA announced Thursday that it had sanctioned five firms for fees paid to a lobbyist.
December 26, 2012
UBS Reps & LIBOR Woes: ‘A Bit Exhausting,’ Says ExpertPlus, the latest scandal won't be the last for the firmor for the industry, points out Chip Roame.
December 26, 2012
Morgan Stanley Initiative To Focus on Financial Planning for LGBT ClienteleMorgan Stanley launches program to provide wealth planning, business development and marketing resources for LGBT clients.
December 20, 2012
Wirehouses, IBDs Post Final Recruiting Wins, Losses of 2012Morgan Stanley, Merrill Lynch and other firms saw a number of advisors come and go at year end.