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.
The Ex-UBS Broker Who Helps White-Collar Felons Prepare for Prison
By Jane Wollman RusoffJustin Paperny, who did time himself, counts an increasing number of financial advisors among his clients, he tells ThinkAdvisor.
September 23, 2020
FINRA Working on Reg BI Guidance, Mulling Exam Changes: CookIn the future, in-person BD exams likely will be considered "more on a risk-based framework," says the regulator's CEO.
September 23, 2020
Wells Fargo CEO Apologizes for 'Limited' Black Talent RemarkCharles Scharf responds to remarks he made this summer during a Zoom meeting that exasperated some Black employees.
September 23, 2020
3 More Ex-Wells Fargo Execs Settle With RegulatorsThey will pay a combined $1.675 million in penalties for their roles in the fake-accounts scandal, the OCC says.
September 22, 2020
FINRA Releases Exam Cheating Rule ProposalFINRA's plan seeks an expedited proceeding for brokers who cheat on exams; comments are due by Nov. 23.
September 21, 2020
10 Biggest U.S. Banks: 2020These are the U.S.-based banks with the most assets, according to ADV Ratings.
September 21, 2020
How Merrill, Schwab, Fidelity Are Using Tech to Build Values-Based PortfoliosBig firms are using AI and machine learning to help clients build individualized portfolios that align with their values.
September 21, 2020
Franklin Templeton Launches New Tool for Advisors: Portfolio ProductsAlso, Invesco expands its lineup of Defined Maturity Bond ETFs.