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.
Wells Fargo Ordered by Arb Panel to Pay Ex-Credit Suisse Rep Over $987K
By Jeff BermanThe broker accused the wirehouse of "aiding and abetting Credit Suisse's scheme to steal" his deferred compensation.
May 18, 2022
Ex-Morgan Stanley Reps Suspended After Making Misleading StatementsThe wirehouse terminated both brokers after they made misleading investment statements to clients and prospective clients.
May 16, 2022
15 Highest-Paid CEOs in Financial Services: WSJSeveral BD and wirehouse CEOs made this list.
May 06, 2022
UBS Must Pay Clients $3.9M Over YES Options StrategyA FINRA arbitration panel ruled against the wirehouse in another dispute over its Yield Enhancement Strategy.
May 02, 2022
4 Ways to Get Succession Planning RightWhile every practice is unique and there's no silver bullet, there are a few essential tenets for those thinking about their retirement from the advice business.
April 29, 2022
Wells Fargo Mistakenly Announces Death of Advisor Who Left Firm"It's good to be alive and I'm very thankful to be with oXYGen Financial," Robert Brian Watson told ThinkAdvisor.
April 28, 2022
Most HNW Advisors Still Unfamiliar With Direct Indexing: SurveyYet these advisors embrace the strategy's most valued benefits: tax management and customized exposures.
April 27, 2022
Ex-Schwab Exec: Wirehouses, Banks Are Challenging RIAsBig firms have adopted more RIA-like offerings; meanwhile, breakaways have gotten smarter, Rob Farmer tells ThinkAdvisor.