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.
Best Full-Service Wealth Management Firms Ranked by Investors — J.D. Power, 2023
By Janet LevauxA study finds that satisfaction with advisors has fallen with market performance, showing advisors need to do more.
March 30, 2023
Merrill Wealth Chief Sieg Jumps to CitigroupReplacing him at Merrill's wealth unit, which had assets of $2.8 trillion last year, will be Lindsay Hans and Eric Schimpf.
March 30, 2023
Average Wall Street Bonus Plunges 26%This meant the typical bonus paid to employees in New York's securities industry fell to $176,700, the lowest since 2019.
March 29, 2023
UBS Taps Former CEO Ermotti to Replace HamersUBS Group is bringing back Sergio Ermotti as chief executive officer to oversee the historic acquisition of Credit Suisse Group.
March 27, 2023
Schwab Wins $7M From Morgan Stanley, Ex-AdvisorsChristopher Armstrong and Randall Kiefner, fired by Morgan Stanley for violating its transition policy, refuse to pay their share. "
March 23, 2023
NBA Players Lost $13M in Alleged Scheme Tied to Ex-Morgan Stanley AdvisorThree players involved in the lawsuit are Jrue Holiday, Chandler Parsons and Courtney Lee, their lawyer said.
March 23, 2023
10 Biggest U.S. Banks in 2022These are the largest U.S.-based banks ranked by total assets as of Dec. 31, according to ADV Ratings.
March 23, 2023
Wall Street Eases Hiring Freeze in Grab for Credit Suisse TalentHeadhunting firms working with banks like Goldman Sachs have started to fly representatives into Zurich to speak with candidates.