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.
TD Ameritrade, Robinhood Trading Outages Continue Into Second Day
By Jeff BermanThe brief Robinhood outage Tuesday morning was "completely resolved," the company says.
November 06, 2020
Cetera Added 62 Advisors in Q3It added financial professionals from more than 20 independent and wirehouse rivals.
November 06, 2020
FINRA Sets Sights on Registered Index-Linked AnnuitiesThese annuities have seen a significant jump this year, said FINRA CEO Cook.
November 06, 2020
UBS Slashes Asset Minimum for Robo-Advice ProgramThe wirehouse cuts the minimum for its hybrid Advice Advantage Program by 50%.
November 05, 2020
Wells Fargo to Freeze Raises for High Earners as It Limits CostsThe news comes a week after the bank did a U-turn on ending 401(k) matching contributions for some employees.
November 03, 2020
Stifel Adds 3 Merrill AdvisorsTwo advisors moved to Stifel in Dallas, while the other did so in the St. Louis area; the three had combined assets of $243 million.
November 03, 2020
Eaton Vance Wealth Unit Wraps Up Purchase of $2.3B RIAThe news comes about one month after Morgan Stanley said it was buying asset manager Eaton Vance for $7 billion.
November 02, 2020
FINRA: Ex-BofA Analyst Charged 'Adult Entertainment' on Corporate CardThe analyst charged about $21,000 at an "adult venue," FINRA says.