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, Morgan Stanley, UBS Lure Advisors From Rivals
By Janet LevauxBaird picks up wirehouse reps with $2.3 million in production, UBS recruits a $1.1 million ex-Morgan Stanley producer, and Morgan Stanley grabs a $2 million rep.
August 05, 2013
LinkedIn Payoff: Morgan Stanley FA Lands $70 Million AccountSending a LinkedIn invitation and getting a $70 million account were all in a days work for one Morgan Stanley financial advisor.
August 01, 2013
Advisors ‘Haven’t Fully Committed’ to Social Media, SEI Expert SaysAs use by clients and companies in the industry expands, financial advisors seem to be apprehensive about using social media to grow their practices.
August 01, 2013
UBS Adds Morgan Stanley Advisor, but Loses Team to Boutique FirmA group of Wells Fargo reps with about $220 million in assets departs to go independent with an LPL affiliate.
July 31, 2013
Wells Fargo Adds 2 Execs to Client-Focused PushAnne Larson and Erin Rich are now directors of client acquisitions and client experience, respectively, for Wells Fargo Advisors.
July 30, 2013
UBS Improves Profits 32%; U.S. Advisors Top $1M in Average FeesThe Swiss-based investment banks adds reps in the U.S.,though its growth in asset flows is weakening.
July 30, 2013
BrightScope Defends a Business Model Modeled After MorningstarBrightScope's methods irritate some, but others see a chance to clean up some of the industry's problems.
July 29, 2013
Morgan Stanley Gets Approval To Buy Rest of Smith BarneyMorgan Stanley has the government’s thumbs-up to buy the final 35% stake in its Morgan Stanley Smith Barney joint venture from Citigroup.“This…