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.
Merrill Lures Two Reps From Morgan Stanley, One From Wells Fargo
By Janet LevauxThe three advisors have about $330 million in client assets and more than $1.5 million in yearly production.
September 04, 2012
4 Merrill Teams Go Indie With More Than $1BThe breakaway brokers join HighTower and Dynasty Financial in the West.
August 30, 2012
Citi Agrees to Pay $590M in Class-Action Lawsuit DealThe news comes as Citigroup and Morgan Stanley work out details regarding the Morgan Stanley-Smith Barney joint venture.
August 28, 2012
Janney Grabs UBS Rep, Recruits 25 Advisors Year-to-DateThe firm could finish the year with some 750 employee advisors, Private Client Group President Jerry Lombard said.
August 24, 2012
12 Best & Worst Broker-Dealers: Q2 EarningsEarnings fell as much as 58%, but also jumped over 600% within the broker-dealer industryAdvisorOne spotlights the six best and six worst.
August 21, 2012
Morgan Stanley Adds 9 Reps From Merrill, UBS, Wells & LPLThese summer hires come on board with more than $1 billion in assets and $8 million in yearly production.
August 21, 2012
Big Shift at FPA: Tuttle Steps Down, COO Schadle Steps UpAs CEO Marv Tuttles planned resignation is moved up, top deputy and FPA veteran Lauren Schadle will assume the top spot in October.
August 20, 2012
Morgan Stanley Loses Manager, Reps to Janney and Wells FargoAs Morgan Stanley continues to cut costs and find other ways to boost results, its rivals are picking up departing branch managers and advisors.