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.
Janney Grabs Morgan Stanley Rep, Aims to Grow Advisor Headcount 5%
By Janet LevauxThe firm has added 15 reps this year from Merrill Lynch, Morgan Keegan and other broker-dealers and plans to hire 25 to 30 more, said private client group president Jerry Lombard.
May 24, 2012
FiNet Chief Outlines Growth DriversJohn Peluso, president of Wells Fargo Advisors Financial Network, says the independent channel of Wells Fargo had a very good 2011, and he expects the group to have an even better 2012.
May 23, 2012
Morgan Stanley Adds Reps From UBS, Credit SuisseA 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 22, 2012
Why RIA Firms Should Hire the Young, Pt. 2: 5 Tips on Recruiting Breakaway BrokersIn the second post in a three-part series on RIAs hiring breakaway brokers under the age of 40, tips on howand how notto recruit those younger brokers.
May 21, 2012
FINRA CEO: BrokerCheck Revamp Won’t Include Test ScoresAt FINRA's annual conference, Richard Ketchum on Monday addressed concerns from brokers and advisors over test scores on the revamped BrokerCheck and other key issues.
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.