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.
Best & Worst Firms for Advisor Satisfaction: J.D. Power, 2024
By Michael S. FischerIn an unusual finding, average satisfaction of emloyee advisors was higher than that of their independent counterparts.
June 27, 2024
UBS Creates New Wealth Unit, Names New U.S. ChiefMichael Camacho, formerly of JPMorgan, will lead wealth management in the U.S. for UBS starting in September.
June 26, 2024
Franklin Templeton Now Offers SMAs on UBS PlatformsThe accounts will give UBS advisors access to Franklin Templeton's custom indexing solution for personalized portfolios.
June 25, 2024
World's 20 Biggest Asset Managers: 2024Fourteen of them are based in the U.S., according to ADV Ratings.
June 24, 2024
Morgan Stanley Sued Over Low Interest Rates on Client CashThe wirehouse pays a fraction of what firms like Vanguard pay in similar accounts, the suit says.
June 21, 2024
Best & Worst Banks for Advice-Seekers: J.D. Power, 2024Personalized financial advice is a major driver of customer satisfaction, the research group finds.
June 21, 2024
Fed Faults Living Wills of BofA, Citi, Goldman and JPMorganFour banks must improve their blueprints for a hypothetical wind-down after regulators find issues in their plans.
June 13, 2024
Wells Fargo Fires Over a Dozen for 'Simulation of Keyboard Activity'The staffers, all in the firm's Wealth and Investment Management unit, were discharged after faking work.