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.
Zephyr Upgrades Analytics Offerings
By Danielle AndrusZephyr Associates has upgraded the analytics center on its public website, StyleADVISOR.com, to offer complimentary mutual fund analysis, the firm announced on July 12.
July 18, 2012
BofA Nets $2.5 Billion; Wealth Unit Up 5.5%The wealth management unit that includes Merrill Lynch reported Q2 net income of $543 million versus $513 million a year ago, up 5.5%.
July 17, 2012
TD Ameritrade Q3 Earnings Fall, but Net New Client Assets Up 23%Pete Dorsey, managing director of TDAI, says the unit is on track to add a record number of breakaway brokers, with 324 added in the fiscal year to date.
July 13, 2012
Q2 Earnings Kickoff: JPMorgan Down, Wells Fargo Up and Markets Heave Sigh of ReliefFriday 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 12, 2012
AdvisorOne’s 2012 Q2 Earnings Calendar for the Finance SectorAdvisorOne presents a calendar marking expected Q2 earnings dates for firms of greatest interest to financial advisors.
July 10, 2012
Morgan Stanley’s Hull Brothers Break Away to Launch Startup Via DynastyThe Hull brothers created bluepoint in late June after leaving MSSB, where they had been institutional consulting directors with nearly $4 billion in assets at Graystone Consulting.
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.