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.
Morgan Stanley Adds Reps From UBS, Credit Suisse
By Janet LevauxA UBS team joins with about $1.3 million in production; an ex-Credit Suisse advisor comes on board with roughly $1.6 million of trailing 12.
May 18, 2012
What Do Women Earn as Brokers? A Lot Less Than Men DoThe difference in wages for men and women selling securities, except for a few fluctuations, remains stubbornly high over the past 30 years, research shows.
May 17, 2012
Most Investors Say They Aren’t Saving Enough: Edward JonesA recent surveywhich uncovers regional disparitiesfinds that for one in 10, retirement isn't seen as attainable.
May 16, 2012
Morgan Stanley Grabs Merrill, UBS Reps; Raymond James Snags MSSB TeamMeanwhile, Wells Fargo adds advisors from Edward Jones, Merrill Lynch and other firms, and Barclays recruits several advisors from Deutsche Bank and Merrill.
May 16, 2012
5 Best & Worst Advisor Partner Firms: Q1 EarningsThe wirehouses, top IBDs and associated players serving advisors had their earnings fall as much as 718% and improve up to 13% in Q1AdvisorOne selected 10 to spotlight.
May 15, 2012
HighTower’s Weissbluth, IA 25 Honoree, Touted on CNBCInvestment Advisor magazines IA 25 honoree, HighTower Advisors CEO Elliot Weissbluth, celebrated his selection on CNBCs Squawk on the Street program.
May 10, 2012
Best Full-Service Investment Firms Ranked by Investors: J.D. Power—2012Satisfaction with the major firms in 2012 is at pre-crisis levels of 2008, but it is down when measuring several critical factors, the satisfaction survey found.
May 09, 2012
Wells Fargo’s FiNet Boosts Bonus to Spur Advisor GrowthAccording to FiNet President John Peluso, three in 10 advisors are exploring independence today versus one in 10 in the past.