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.
Stifel Financial Picks Up 5 Wirehouse Reps
By Janet LevauxIts latest recruits include a Merrill trio in Kentucky with nearly $100 million in client assets.
December 09, 2019
Morgan Stanley to Cut 1,500 Jobs: ReportThe news comes about two weeks after issues surfaced about problems with FX option valuations and the hiding of $140 million in losses.
December 06, 2019
Boffo Year for Markets, but State Fiduciary Regs Loom: SIFMAThe CEO of the securities trade group briefed reporters on a stellar market year and potential new rules.
December 05, 2019
RBC to Add $7.5B UBS Team in New Los Angeles OfficeThe wealth firm says it plans to open a new office in the City National Bank building soon.
December 05, 2019
LPL Nabs $350M Ameriprise Team: Recruiting RoundupMeanwhile, Commonwealth picks up a $225 million group from LPL, and Stifel adds a $130 million Merrill rep.
December 04, 2019
Best & Worst Wealth Firms for Mobile Apps: J.D. Power, 2019Study finds that clients want security, simplicity and personalization and find these features inconsistent today.
December 03, 2019
Raymond James Adds Reps From Merrill, UBS and RBCThe veteran advisors join the firm's employee channel in Alabama, Michigan and Wisconsin.
November 25, 2019
13 Best & Worst Broker-Dealers: Q3 Earnings, 2019Trends uncovered earlier this year continue in the latest quarter -- with a few notable exceptions.