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.
Q2 Earnings Kickoff: JPMorgan Down, Wells Fargo Up and Markets Heave Sigh of Relief
By Joyce HansonFriday the 13th was lucky for JPMorgan and Wells Fargo as both banks stocks rose higher despite dark news that preceded their Q2 earnings reports.
July 02, 2012
HighTower Adds Ex-UBS Team; Baird Grabs Merrill, Morgan FAsThe former UBS team should go independent with about $330 million in assets, while the advisors joining Baird could bring about $460 million in AUM and $3.2 million in yearly fees and commissions.
June 26, 2012
Morgan Stanley Gives Advisors the OK for Twitter, LinkedInThese steps put it ahead of rivals, experts say, when it comes to advisors and the world of social media.
June 21, 2012
Merrill Overcharged Clients $32M in Fees, FINRA SaysThe overcharges in fees affected 95,000 accounts over an eight-year period, making it a significant supervisory issue, experts say.
June 20, 2012
Merrill Loses Four Advisors to Wells FargoThe departures come on the heels of news that BofA is selling some operations to Julius Baer and firing some U.S. Trust managers.
June 19, 2012
As Morgan Stanley Loses Another Team, Is It ‘Under Siege?’Troubles, including a downgrade by Moody's, continue for Morgan Stanley.
June 18, 2012
4 Ways to Cash In on Today’s Market: Wells Fargo OutlookThere are ways to take advantage of today's market and economic uncertainty, according to strategists from Wells Fargo Advisors.
June 15, 2012
Merrill’s Latest Ads: The Bull Is BackBank of America-Merrill Lynch aims to boost its image as a source of strength during unstable times.