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.
Wirehouse Watch: Why Merrill's Results Top Morgan Stanley's
By Janet LevauxProfits and margins at BofA-Merrill are well ahead of those at Morgan Stanley Smith Barney, despite MSSB's larger advisor force.
August 24, 2010
Morgan Stanley Adds Team from Wells, Faces FineBoca Raton-based advisor team with $100 million-plus in assets joins MSSB a few days after FINRA fined the broker-dealer $800,000.
August 23, 2010
Columbia-RiverSource to Streamline 62 FundsThe proposed mergers are part of Ameriprise's acquisition of the asset management business, which has about $330 billion in AUM.
August 16, 2010
Five Questions for a Top RecruiterThe first six months of the year was relatively slow as so many advisors had moved last year and because of retention packages keeping...
August 11, 2010
Stifel Improves Earnings as M&A Charges ContinueAfter acquiring some UBS branches and Thomas Weisel, the company now has 1,940 financial advisors vs. 1,562 last year.
August 10, 2010
Three Ways to Make Financial Reform Work for YouThere are several positive ways in which advisors can respond to the inevitable industry changes ahead.
August 10, 2010
Five Questions for a Top Retirement AdvisorWhat retirement issue has hit you or your clients out of left field and how did you solve it? Stress on the portfolio from...
August 09, 2010
Wells Fargo Boosts Support of Independent Advisors; Parent Company Predicts Lost Revenue from ReformsWells Fargo Advisor group includes 15,102 financial advisors and 5,094 licensed bankers with $1.1 trillion in assets under management.