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.
Dynasty and Diamond Roll Out Transition Help for $1B Advisor Teams
By Michael S. FischerThe Breakaway Investment Banking Initiative is intended to help elite teams decide on their next move.
October 13, 2025
Ex-BofA Banker Gets Life Sentence for Exec's MurderAnthony Duwayne Turner was convicted in August of murdering his former girlfriend, BofA exec Michelle Avan.
October 10, 2025
Morgan Stanley to Expand Client Access to CryptoThe company had limited availability to certain investors and account types, CNBC noted.
October 09, 2025
Merrill Agrees to $9.5M Settlement With Retired Miami DolphinReshad Jones had accused his former advisor of stealing more than $2 million, along with other misconduct.
October 03, 2025
BlackRock's Aladdin Launches AI Commentary Tool for Advisors; Morgan Stanley Signs OnThe new feature will use AI to turn analytics, commentary and client preferences into advisor narratives.
October 01, 2025
UBS Sues 4 Ex-Advisors With $1.4B Over Non-Solicitation AgreementsThe advisors abruptly left to form Loxahatchee Capital and immediately began soliciting UBS clients, the wirehouse alleges.
October 01, 2025
Judge Denies Merrill's Request to Restrain OpenArc Breakaway TeamMerrill sought to bar 12 advisors from soliciting its clients and from encouraging its employees to leave.
September 30, 2025
Schwab: Merrill's 'Corporate Raid' Suit Lacks EvidenceSchwab accuses Merrill of "rank speculation" in the case against the breakaway team that formed OpenArc.