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 Danger of Obsessing Over Short-Term Portfolio Performance
By Bernice NapachPerformance chasing can shortchange client portfolios over the long run.
March 16, 2018
DOJ Expands Sales Review to Wells Fargo Wealth Unit: ReportEmployees in Phoenix are being interviewed by investigators concerning the bank's own investment products, according to the Wall Street Journal.
March 16, 2018
Ex-Morgan Stanley Advisor Ami Forte Has a New Job After ScandalThe former Morgan Stanley advisor, fired after a $38 million ruling, is now part of Pinnacle Investments.
March 15, 2018
10 Ways to Protect Against Sexual Harassment in the WorkplaceDavid Gabor, a partner at the Wagner Law Group, which specializes in employment and business law, offers his recommendations.
March 15, 2018
Merrill Shifts Execs, Resources to Better Serve Ultra-WealthyThe news comes about two weeks after rival Morgan Stanley moved to form a 66-member team to serve UHNW clients.
March 15, 2018
LPL Affiliate Forms $2.6B Group: Recruiting RoundupPlus, Commonwealth Financial and Raymond James add new advisors in California and Massachusetts, respectively.
March 14, 2018
8 Innovative Advisor Fee StructuresA new report from Simon-Kucher & Partners says innovation is needed in advisors' fee structures and provides examples.
March 14, 2018
Advisors Find Increased Revenue, Happiness in Independence: SchwabA Schwab study examines the motivations of advisors who have recently made the transition to the independent model.