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 Hires Citi Exec; Shedlin to Boost Investment Banking
By Janet LevauxGary Shedlin joined Citigroup in 2004 and has had several high-profile banking assignments since then, including work for BlackRock.
March 01, 2010
Wirehouse Performance Takes Divergent PathsWith the latest earnings results, the varied strategies and performance of the remaining -- and transformed -- wirehouse firms are becoming clearer though not...
February 19, 2010
Morgan Stanley Exec Leaving Post as Head of New York City FAsJimmy Tighe had been with Citi for 16 years; reportedly may join BofA-Merrill.
February 17, 2010
HighTower Attracts Another Wirehouse Team; Aims to Grow AUM to $50 Mn.HighTower has just recruited the Strata Group, which manages some $500 million in assets, from Morgan Stanley Smith Barney.
February 11, 2010
Barclays Wealth Advisors: Focusing on Ultra High Net WorthBarclays Wealth now has 120 advisor teams aimed at clients with at least $10 million in assets.
February 10, 2010
The FA Recruiting Wars Are Far from OverContrary to what some wirehouse executives say, the war for talented financial advisors isn't ending; it's just reconfiguring.
February 04, 2010
Barclays Wealth Building Business on Lehman PlatformBarclays Wealth managing director Mitch Cox, head of the firm's global investment & product office, is leading the firm as it moves into the second...
February 03, 2010
BofA Merrill to Add 2,000 FAs as It Deals with Series of LawsuitsMerrill Lynch's 'thundering herd' now stands at about 15,000 advisors, putting it well behind rival Morgan Stanley Smith Barney with 18,135 advisors.