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.
Raymond James Adds 12 Ex-Wirehouse Advisors Managing $2.2B
By Jeff BermanThe additions grow the firm's footprint in South Florida.
July 08, 2021
Merrill Faces Discrimination Suit by Black Ex-RepsTwo former Merrill brokers allege Black advisors at the firm received less compensation and were promoted less often than white advisors.
July 08, 2021
Wells Fargo to Shut Personal Credit Lines in Shift to CardsThe bank said it's been providing existing clients with 60-day notices their accounts will be closed.
July 08, 2021
Morgan Stanley Reports Breach of Stock-Plan Client DataThe exposed information included names, dates of birth, Social Security numbers and company names but not account passwords.
July 07, 2021
Best & Worst BDs for Advisors: J.D. Power — 2021Employee reps are less satisfied with their BDs than are their independent counterparts, the research group's latest poll finds.
July 01, 2021
LPL Rolls Out New Model Wealth Portfolio Platform Feature: Tech RoundupAlso, UBS launches its fourth Future of Finance Challenge, an open competition for fintech startups and tech entrepreneurs.
June 30, 2021
Tech Giants Are Creeping Into Finance. What's an Advisor to Do?Consultant Craig Iskowitz talks to ThinkAdvisor about adding value and why millennials aren't so special.
June 28, 2021
FINRA Suspends Merrill Rep Over Early UIT RolloversThe rep, also a registered Merrill supervisor, has been suspended for three months and fined $5,000.