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.
JPMorgan to Cut 120 Jobs in New Jersey
By Dinah Wisenberg BrinThe layoff notice follows several hundred job cuts announced in New Jersey and California in 2025.
February 20, 2026
Trump Questions Swamp Morgan Stanley Muni WebinarFinancial advisors clamored for a chance to ask what his agenda means for municipal budgets — and the bonds tied to them.
February 19, 2026
Merrill Says Dynasty Reneged On Arbitrating Dispute Over Mega-TeamMerrill has accused Dynasty, Schwab and former senior employees of raiding a $129 billion unit to start an RIA.
February 17, 2026
BofA Lifts CEO's Pay 17% for 2025Brian Moynihan will receive $41 million for his employment last year, when the bank raised profits.
February 12, 2026
AI Will Make Human Advisors Strong, Morgan Stanley Exec SaysJed Finn dismissed fears that the new systems will crowd out people.
February 10, 2026
Wells Fargo to Lay Off 112 in North CarolinaThe cuts in Raleigh will be effective on April 4.
February 10, 2026
BofA Rep Fired for Expensing $6,000 in Meals Takes FINRA HitThe rep, suspended for nine months, charged BofA for food while working from home, FINRA states.
February 04, 2026
Senators Slam UBS for Obstructing Nazi Accounts Probe"UBS's conduct is absurd and a historic shame," Judiciary Committee Chairman Chuck Grassley said.