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.
A Drive for Independence: Wirehouse Advisors Look Under the Hoods of Indie Firms
By Ellen UzelacAs Philip Palaveev, president of Fusion Advisor Network, bluntly puts it: "I don't think we've seen such a profound weakening of wirehouse brands before. This...
May 26, 2009
Merrill Hosts Webinar On Markets, Clients ExpectationsDan Sontag, head of Merrill Lynch Global Wealth Management, leads a panel discussion for investors.
May 15, 2009
UBS Outlines Reorganization; Releases Q1'09 ResultsBrokerage firm is sharpening its focus on high-net-worth clients as its growth strategy.
May 01, 2009
Stifel Nicolaus Buys Part of UBSSt. Louis-based Stifel, Nicolaus & company says it has reached a deal with UBS Financial Services to acquire up to 55 branches and 320 financial...
May 01, 2009
Getting to Know YouYou're acquainted with "The Money Honey" on TV. Now meet "The Money Lady," CFP. That's what clients' kids duly dubbed financial advisor Amber Seale, 34, because...
April 22, 2009
Morgan Stanley FAs Boost Sales in Q109Its reps now have annualized revenue of about $630,000, which is close to 20 percent drop for the previous year's $772,000 but above the $603,000 of the quarter ended December 31, 2008.
April 20, 2009
Merrill Boosts BofA's Q109 ResultsBank of America Corporation has reported first-quarter 2009 results that include Merrill Lynch, bought January 1, 2009, and Countrywide Financial, bought July 1, 2008.