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.
Raymond James, RBC Wealth Nab Wirehouse Reps: Recruiting Roundup
By Janet LevauxMeanwhile, Ameriprise Financial adds a multigenerational team with close to $100 million in assets.
September 07, 2018
$300M Advisor Accuses UBS of Gender DiscriminationLawyers point to a shift to subtle from brazen discrimination; women accuse firms of freezing them out of lucrative accounts.
September 06, 2018
CE Council Requests Comments on Program ChangesFINRA supports exploring whether individuals who step away from the industry can maintain their qualifications through continuing education.
September 06, 2018
Wells Fargo Said to Face DOJ Probe of Wholesale-Banking BusinessThe Department of Justice investigation is focusing on concerns that bank employees improperly altered customer data.
September 05, 2018
RBC Wealth Adds $425M Duo From Merrill: Recruiting RoundupMeanwhile, a member of Dynasty Financial Partners' network recruits a rep from Wells Fargo Advisors; Ameriprise pulls in advisors from AXA and Oppenheimer.
September 05, 2018
Morgan Stanley Nabs Betterment ExecThe wirehouse hires CMO Paul Halpern to work on digital banking and wealth management sales.
September 04, 2018
Janney Adds 5 Wells Fargo Reps With $445MThe veteran advisors have over 120 years of combined industry experience and come on board in Connecticut and New York.
September 04, 2018
Merrill Can't Restore the Bad Old Days of ConflictsInvestors can use robo-advisors and discount brokerages to minimize conflicted investment advice from traditional retail brokers.