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.
Barclays’ Diamond Deserves No Bonus: Shareholder Group
By Marlene Y. SatterBob Diamond, the chief executive of Barclays, should not receive a bonus, and perhaps instead should be considered for a pay clawback, according to a shareholder advisory group.
April 05, 2012
Wirehouses Raise Fees on Mutual Fund CompaniesNew point-of-sale fee disclosure rules under the ERISA Section 408(b)(2), set to take place this summer, are making it more difficult for wirehouses to raise the fees they charge investors.
April 04, 2012
Barclays Adds 2 Ex-Morgan Stanley Advisors in LAThe boutique firm has added eight advisors to the branchwith $2.7 million in assets and about $32 million in trailing-12-month productionin the last six months.
April 03, 2012
Women Investors’ 4 Key Stages Are Focus of LPL Marketing PlatformPractice management and marketing tools revolve around life stages where advisors are often a resource, says Marissa Fox-Foley of LPL, and represent an incredible opportunity.
April 03, 2012
UBS Loses More From Japan Equity DeskThe Swiss bank UBS has lost a total of five people from its Japan equity desk, a week after the research team had been ranked second in Japan.
April 03, 2012
London J.P. Morgan Banker Fined for Insider TradingIan Hannam resigned Tuesday from J.P. Morgan Cazenove in London after he was fined by the British Financial Services Authority (FSA) for insider trading. He intends to appeal the fine.
March 30, 2012
Morgan Stanley Grabs UBS Team; Loses Reps to Merrill, OthersThreat of credit downgrade shouldnt hurt its recruiting power, experts say
March 29, 2012
Compensation Spending Down at Goldman, Up at Smaller FirmsGoldman Sachs ended 2011 with one of the lowest compensation-to-revenue ratios of the publicly traded investment banks, 42%, according to SNL Financial analysis.