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.
Reform Debate on Fiduciary Standard for FAs Heats Up
By Jane Wollman RusoffPerhaps the most controversial aspect of the bill would require brokers, and any other financial professionals holding themselves out as advice-givers, to adhere to a fiduciary standard similar to that of registered investment advisors.
November 18, 2009
Cautionary Tales of Wirehouse LeadershipA look at some of Wall Street's big names, and what their successes and failures mean for the future of the financial industry.
November 13, 2009
Hennessy Funds Makes Wirehouse PushHennessy Focus 30 Fund joins Morgan Stanley Smith Barney platform, used by 18,160 advisors.
November 04, 2009
UBS Down 680 FAs in Q3After selling some 380 advisors to Stifel Nicolaus, UBS Americas now has 7,286 advisors in its ranks as of September 30, 2009.
November 02, 2009
RJ Recruits 750-Plus FAsRaymond James Financial has more than 5,300 financial advisors as of September 30, 2009.
November 01, 2009
'Time for Something Real' at the Wirehouses, Says Industry ConsultantTiburon Strategic Advisors, led by Chip Roame, just wrapped up its 17th semi-annual Tiburon CEO Summit in mid-October in San Francisco. (It will host...
November 01, 2009
Raymond James Hosts Women FAs; Shares Growth Story(Saint Petersburg, Fla.) Raymond James hosted its 15th annual Women's Symposium from September 30- October 2 with about 100 of its 640 female advisors...
November 01, 2009
Robert McCann Goes to UBS as Merrill Lynch Re-Launches BrandAfter several months of speculation and a legal dispute with his former employer, Bank of America-Merrill Lynch, Robert J. McCann is now CEO of...