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.
Democrats Draw Up Billionaire-Tax Plan as Corporate Hike Fades
By Colin WilhelmSenate Finance Committee Chair Ron Wyden plans to unveil a new tax on the unrealized capital gains of the ultra wealthy this week.
October 14, 2021
BofA Reports 64% Jump in Merrill, Private Bank Profits: Q3 EarningsMeanwhile, Morgan Stanley and Wells Fargo's wealth units report strong earnings and revenue growth, too.
October 14, 2021
Merrill Reports Positive Feedback on New MAX AppThe new mobile advisor experience was launched late last month after a pilot with a few hundred advisors.
October 12, 2021
15 Highest-Paid CEOs in Financial Services: 2021As the stock market ballooned, so did top execs' pay packages.
October 07, 2021
Morgan Stanley Must Pay Over $100K to Client: FINRA Arb PanelThe client said the wirehouse failed to supervise when unsuitable investments were made on her behalf.
October 07, 2021
Merrill to Pay $850K FINRA Fine Over Short Sale ViolationsThe wirehouse misapplied the SEC-approved Multi-day Approach on at least 6,000 occasions, FINRA alleged.
October 06, 2021
20 U.S. Companies With Digital Asset Exposure: BofAIn several sectors, stocks tied to digital assets could see their market value expand, BofA says in a new report.
October 06, 2021
Morgan Stanley's Mike Wilson Warns of Fresh Stock-Market Pain"We've been calling for this 10-20% correction that would be led by tech stocks," said the chief investment officer and U.S. equity strategist.