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.
BofA Accused of Aiding Elder Financial Abuse
By Dinah Wisenberg BrinA woman with a Merrill account claims scammers took $690,000 from her after she visited a California branch of the bank.
November 09, 2023
Wirehouse Comp Plans for 2024: What's In, What's OutExperts weigh in on payout changes at Merrill, Morgan Stanley and UBS and what they mean for financial advisors.
November 07, 2023
UBS Kicks Out Billions of Rich Credit Suisse Client MoneyAlso, $30 billion of assets in the wealth unit were reclassified as "related to non-strategic relationships," the bank said.
November 03, 2023
Customers at Big Banks Report Account ProblemsA clearinghouse processing snag appeared to affect JPMorgan Chase, Wells Fargo, Bank of America, Truist and U.S. Bank.
November 02, 2023
Helping 'Millionaires Next Door' Build Their Assets and Spend ThemWealth advisor Dustin Gale reminds overly frugal clients "that they can't take it with them."
October 31, 2023
Growth of Indie RIAs Rolls On: CerulliAs more advisors move into it, the RIA channel is poised to control nearly one-third of industry assets by 2027.
October 31, 2023
Wells Fargo Sued Over Customer's Missing JewelryA Los Angeles resident accuses the bank and other defendants of stealing at least $32,000 in valuables.
October 27, 2023
Ivanka Trump Ordered to Testify in Father's NY Civil TrialHer appearance is tied to the $250 million civil fraud lawsuit against the former president and his large real estate firm.