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.
May Court Date Set for Suspect in BofA Exec Michelle Avan's Killing
By Jeff BermanThe next hearing for Anthony Duwayne Turner is scheduled for May 18, according to the district attorney's office.
April 18, 2022
Merrill, Private Bank Profits Jump 28%; Advisor Headcount DipsThe firm's wealth management unit ended Q1 with 1.3% fewer advisors than the previous quarter.
April 15, 2022
Ex-UBS Rep Who Spent Client Money on Girlfriends' Gifts Pleads GuiltyThe former broker could spend up to 60 years in prison.
April 15, 2022
Morgan Stanley, Citi Emerge as Winners of Earnings BlitzThe banks reported strong results in fixed income and equities trading that beats analysts' forecasts for revenue and earnings.
April 15, 2022
George Floyd Lawyer Joins Wells Fargo Racial-Disparity LawsuitA recent investigation found the bank approved 47% of Black applicants for mortgage refinancing vs. 72% of white applicants.
April 14, 2022
Best Full-Service Wealth Management Firms, Ranked by Investors: — J.D. Power, 2022The biggest firms have improved their tech offerings but lag on delivering comprehensive advice, new research finds.
April 13, 2022
A Fresh Take on the Term 'Financial Literacy'Despite its well-intended positive connotation, the term can have the opposite effect, especially in underserved communities.
April 13, 2022
Ex-Morgan Stanley Rep Inflated Clients' Net Worth, FINRA SaysThe rep circumvented limits on non-investment grade bonds, leading to his firing and suspension, according to FINRA.