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.
Mega-RIAs Will Grow to Rival Wirehouses in Next Decade: Mariner's Bicknell
By Jane Wollman RusoffAdding services to meet clients' needs is crucial to that growth, Mariner Wealth Advisors' CEO says.
July 16, 2024
Morgan Stanley Wealth Unit's Results Miss EstimatesThe business fell short of expectations, with $6.79 billion in revenue and net new assets of $36.4 billion in the second quarter.
July 10, 2024
Best & Worst Firms for Advisor Satisfaction: J.D. Power, 2024In an unusual finding, average satisfaction of emloyee advisors was higher than that of their independent counterparts.
July 09, 2024
UBS to Pay $850K Fine Over Rep's Unapproved Third-Party SalesA UBS rep sold clients a "fixed annuity" offered by an entity formed by his friend, FINRA said.
July 05, 2024
Merrill Violated Reg BI With $1.5M in Avoidable Fees: FINRAMerrill's failure to stop its reps from dodging fee waivers affected 1,361 clients, according to FINRA.
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.