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.
Merrill Still Discriminates Against Black Advisor Trainees: Lawsuit
By Melanie WaddellThey are treated as "unpaid temporary laborers to do the grunt work of gathering assets," a complaint contends.
August 12, 2025
Ex-Banker Convicted of Murdering BofA ExecAnthony Duwayne Turner was found guilty of murder, rape and burglary in Michelle Avan's slaying in Southern California.
August 12, 2025
Recruiting Deals Offer More Than Money, But the Money's Really Good, TooThere’s a rush to get the assets of longer-tenured advisors before they get locked up in a sunset package.
August 12, 2025
Jury Hears Case of Ex-Banker Charged With Murdering BofA ExecAnthony Duwayne Turner was prosecuted for the alleged rape and killing of Michelle Avan, his former girlfriend.
August 06, 2025
Ex-Merrill Broker Faces Disciplinary Process Tied to Trading, Sales PracticesAli Chehab wouldn't provide documents, FINRA alleges, and told staff: "I do not care if I get barred."
August 04, 2025
4 Years After BofA Exec's Killing, Ex-Banker Charged With Her Murder Stands TrialThe trial of Anthony Duwayne Turner, who could face the death penalty if convicted, is in its fourth week.
August 04, 2025
Why Good Advisors Stay Too LongIt's easy for successful professionals to fall into traps that keep them from pursuing new opportunities.
July 30, 2025
UBS Posts Mixed Results, $23B in Wealth InflowsThe bank's earnings topped estimates, but pretax profits at the wealth management unit fell short of them.