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.
Bigger Bonuses on Way for (Almost) Everyone on Wall Street
By Hannah LevittJohnson Associates predicts equity traders might get 20% more; M&A advisers face pay cut, according to closely watched report.
November 07, 2018
RBC, Ameriprise Add Merrill Teams: Recruiting RoundupThe new advisor groups come on board in Florida and Kentucky; they have a total of $330 million in client assets.
November 07, 2018
Wells Fargo's Wealth Chief to RetireThe news comes two months after a report of gender-bias complaints at a business he leads.
November 07, 2018
Honoring Advisors Who Serve(d): Veterans Day, 2018On this 100th anniversary of Veterans Day, we serve up 11 stories by military veterans in the advisory world.
November 06, 2018
Wells Fargo Ups Improper Foreclosure Count, Suspends Some FeesAs it digs deeper into past misdeeds, the bank continues to add to the number of affected clients.
November 05, 2018
8 Ways HNW Investors See Economy, Congress & TrumpAfter a tough October for stocks, UBS just asked investors with assets of $1 million or more how they are feeling about the markets and political momentum.
November 02, 2018
New Carrots, Sticks in Merrill's 2019 Comp PlanMerrill will institute a noncompensable policy, which executives say is "in line with many of our peers."
November 01, 2018
Stifel Adds 6 Reps From Merrill, UBS and Other RivalsThe advisors are expected to bring over about $660 million starting this quarter.