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 Posts Q2'09 Loss, SB Venture Boosts Wealth Sales
By Janet LevauxThe 18,444 Morgan Stanley Smith Barney advisors had average annualized revenue of $671,000 and average client assets of $77 million in the quarter ended June 30, 2009.
July 01, 2009
The Wirehouse BoutiqueWhen breakaway broker Robert Sayler defected from Morgan Stanley on a Friday afternoon in the spring of 2008, he left a 14-year wirehouse career behind...
July 01, 2009
Not Cutting Back: J.P. Morgan Private Wealth Management CEO Joe KenneyNo doubt Joe Kenney, intent since boyhood on creating a career in financial services, aimed at one day becoming a CEO. Chances are, however, he...
June 10, 2009
Five Questions for the Top Retirement AdvisorA conversation with Joe Montgomery, Optimal Service Group of Wells Fargo Advisors, Williamsburg, Va.
June 09, 2009
Merrill Lynch Advisors Top Latest Female-Advisors ListMerrill Lynch Global Wealth Management says that 35 of Barron's "Top 100 Women Financial Advisors" list are members of the firm (including advisors with Banc of America Investment Services).
June 01, 2009
Not Sitting StillIf you're busy cutting your marketing budget right now because revenues are down, I suggest you think twice. For instance, do you want to know...
June 01, 2009
Edward Jones Revamps Transition PackageTo help grow its advisor force this year, Edward Jones has developed an enhanced transition package for current successful financial advisors who join the firm....
June 01, 2009
Wachovia Securities Rebrands, Becomes Wells Fargo AdvisorsWachovia Securities is now using the Wells Fargo Advisors name, officially rebranding its business under its new parent, Wells Fargo & Company, the company says. "Today,...