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.
HighTower Grabs $1 Billion Credit Suisse Team
By Joyce HansonMatt Dillig and Ted Bowen had worked for Credit Suisse since 2008 and previously were part of Merrill Lynchs Private Banking and Investment Group.
August 17, 2012
What Makes Your Clients Tick? A Peek at 10 Finance Firms’ CustomersLooking to connect with potential clients? New Media Metrics analyzed the customers of 10 major financial institutions to discover their interests and favorite media, as well as the emotional pull of the banks themselves.
August 13, 2012
Raymond James, Wells Fargo Grab Morgan Stanley TeamsWells FiNet also adds a team from Citizens Bank, as MSSB sees an IT exec depart, as well.
August 08, 2012
Going for Gold: Rep. Bachus Wins the Prize for Fuzzy Thinking on RIA SROCongressman Bachus WSJ piece on the benefits of an SRO for advisors sets what might be a world record for faulty assumptions, wrong conclusions and inaccuracies.
August 08, 2012
Morgan Stanley to Cut Deeper, Experts SayThe firm is under pressure to improve results and is trying to boost its ownership in the Morgan Stanley Smith Barney venture with Citigroup.
August 06, 2012
Death, Delusional Clients and Other Hard Lessons From a Breakaway BrokerHow a friends death led a wirehouse broker to go independent; lessons learned from a difficult, delusional clientthese are just a few of the stories veteran advisor Bob Collins tells...
August 02, 2012
Citi Adds 3 Advisors, $750M to Private WealthThe news comes as Citi and Morgan Stanley dispute the value of their MSSB joint venture and Morgan Stanley continues to drop reps.
July 30, 2012
Top 10 Biggest U.S. Banks in 5 Key Reputation CategoriesDix & Eaton, a communications consultancy, ranked the nations largest bank holding companies in each of the five critical categories, like ROI and image, that determine reputation.