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.
UBS Plans to Cut Over Half of Credit Suisse Workforce
By Marion Halftermeyer, Laura Benitez & Myriam BalezouBankers, traders and support staff in Credit Suisse's investment bank in several locations should likely bear the brunt of the cuts.
June 26, 2023
Morgan Stanley's Wilson Sees Big Risks of a 'Major Correction'"The headwinds significantly outweigh the tailwinds and we believe risks for a major correction have rarely been higher," the strategist said.
June 26, 2023
Here's Where the Market Is Headed After a Wild First HalfA strong first half for the S&P 500 has typically led to another solid run in the remaining six months, according to Bloomberg data.
June 22, 2023
18 Top Robo-Advisors Ranked From Worst to Best: MorningstarThe new Morningstar report suggests that the future of financial advising will be far from exclusively digital.
June 22, 2023
How to Help Employee Advisors Who Want More IndependenceFor many advisors, independence is just a bridge too far. But greater autonomy and control are often closer than they realize.
June 22, 2023
Advisor Interest Rising in ChatGPTAlmost 60% of advisors use or are interested in testing out AI technology, new SmartAsset data shows.
June 21, 2023
Bill to Claw Back Bank Execs' Bonuses Gets Senate Panel's ApprovalThe bill follows a public outcry sparked by executives at SVB and other failed banks receiving generous bonuses.
June 20, 2023
Should You Be a Big Fish in a Small or Large Pond?When switching firms, advisors must weigh the flexibility of a small firm against a large firm's advantage of scale.