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.
J.P. Morgan Advisors Has New CEO
By Jeff BermanPhil Sieg has been promoted to lead the JPMorgan Chase division, replacing Chris Harvey.
April 15, 2021
Best Full-Service Investment Firms Ranked by Investors: J.D. Power — 2021The research firm measured client satisfaction through a survey of 4,392 investors who use advisors.
April 14, 2021
Most JPMorgan, Stifel Employees to Return to OfficesIn recent letters to shareholders, the firms' CEOs stressed the importance of employees shifting away from remote work.
April 09, 2021
Credit Suisse's New Chairman to Weigh Damage-Control Options After Archegos BlowupThe Swiss bank may merge with UBS or be sold to another firm in the wake of $4.7 billion in losses tied to the fiasco.
April 09, 2021
Raymond James Nabs Morgan Stanley, MassMutual TeamsThe teams, along with two other advisors from other firms moving to Raymond James, manage a total of $686 million in client assets.
April 08, 2021
12 Wirehouse Reps Move to Janney in Q1The advisors work with a total of $2 billion of assets under advisement and join from Merrill, Morgan Stanley, UBS and Wells Fargo.
April 05, 2021
UBS Must Pay $371K to Clients: FINRA PanelA FINRA arbitration panel ruled in favor of UBS clients, who alleged the firm's options-trading strategy exposed them to significant risks.
April 01, 2021
Merrill Launches Account Overview Videos for ClientsThe new tool provides yet another way for Merrill to differentiate itself from its rivals.