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.
Commonwealth to Target Wirehouse Advisors in New Recruiting Push
By Jeff BermanAfter a "rollercoaster year" for recruiting, the firm is preparing for a wave of wirehouse breakaways, Commonwealth exec Andrew Daniels tells ThinkAdvisor.
October 29, 2020
13 Best & Worst Broker-Dealers: Q3 Earnings, 2020Though the pandemic continues to impact the financial results of BDs, COVID-19's negative influence wasn't as serious as in the prior period.
October 29, 2020
SEC Doles Out New Whistleblower Award, as Advocates Fret Over Rule ChangesOverall, the program awarded more than $175 million to 39 whistleblowers in the fiscal year that ended Sept. 30.
October 29, 2020
New Dalbar Offering Aimed at Helping Advisors Improve Investor BehaviorQAIB Advisor Studio is available for $250 a year.
October 29, 2020
FINRA Limits Brokers' Ability to Serve as BeneficiariesA new rule requires firms' approval for brokers serving in positions of trust, such as beneficiary or executor, for clients.
October 29, 2020
$475M UBS Team Jumps to RBC WealthThe Michigan-based group spent the past nine years at UBS and earlier was part of Merrill Lynch.
October 28, 2020
SEC Issues Warning on Complex Investment ProductsExpanded access to self-directed accounts and complex investment products may require tighter controls, SEC officials said.
October 28, 2020
JPMorgan Rebrands Wealth Management BusinessThe overall business has been renamed J.P. Morgan Wealth Management, while J.P. Morgan Securities has become J.P. Morgan Advisors.