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.
Ex-Rep, in Prison, Ordered to Pay Wells Fargo $3M
By Jeff BermanIn 2019, the former broker was sentenced to five years for operating a Ponzi scheme.
January 14, 2021
The Big Mistake That Stifles Indie Advisors' GrowthRIA Robert Fragasso gives ThinkAdvisor some advice on going indie, including a critical lesson he learned in running his firm.
January 13, 2021
PPP Borrowers Should Act Fast, Expect More Scrutiny: AICPA"The SBA is doing more vetting for potential fraud," said Erik Asgeirsson, president and CEO of CPA.com.
January 12, 2021
Biden to Pick Gary Gensler for SEC Chief: Reuters"A knowledgeable and aggressive choice," lawyer Nick Morgan says.
January 11, 2021
$435M Team Ditches Merrill for Sanctuary WealthThe move comes as Merrill is closing its offices in the Ohio city where the team is based, Sanctuary says.
January 08, 2021
Janney Drawing Steady Stream of Wirehouse RecruitsThe firm recruited 43 advisors and nearly $4 billion in assets to its Private Client Group in 2020.
January 07, 2021
Wells Fargo to Exit Non-U.S. Wealth BusinessThe wirehouse is leaving the international segment as part of its aim of "simplifying" operations.
January 06, 2021
Tech Problems on Merrill, Thinkorswim Trading Platforms Tick Off InvestorsThinkorswim reported "longer than normal wait times" and an issue with "charts not loading."