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.
Wells’ FiNet Adds Teams From Morgan Stanley, UBS & Chase
By Janet LevauxThe newly independent financial advisors are coming to Wells Fargo's Financial Network with a total of nearly $675 million in assets.
September 14, 2012
Merrill to Pay Brazilian Heiress $3.6MThe case involves losses tied to unauthorized trading by a member of the Nasser family, a prominent banking family in Brazil.
September 13, 2012
HighTower Announces Turnkey Business Lines to Help Advisors With Move to IndependenceThe company is now the thirteenth fastest-growing company in the nation, CEO Elliot Weissbluth says.
September 11, 2012
Morgan Stanley and Citi Strike Deal on 14% MSSB StakeThe price comes in at the low end of the valuation range.
September 10, 2012
Merrill Lures Two Reps From Morgan Stanley, One From Wells FargoThe three advisors have about $330 million in client assets and more than $1.5 million in yearly production.
September 05, 2012
Morgan Stanley Loses Two Teams, Ex-NFL Player to Barclays, AmeripriseThe New York group includes ex-Jets receiver Wayne Chrebet, while the New Haven team moves with close to $1 million in production.
September 04, 2012
Why Focus Only on the Surface Costs of Fiduciary Advice?Its time we started talking about what financial consumers are giving up in return for their free advice.
September 04, 2012
4 Merrill Teams Go Indie With More Than $1BThe breakaway brokers join HighTower and Dynasty Financial in the West.