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.
Cause of Death Found for Wells Fargo Employee Who Died at Desk
By Dinah Wisenberg BrinThe body of Denise Prudhomme, 61, was discovered days after she'd scanned into the office.
October 21, 2024
Disney Names Former Morgan Stanley CEO as ChairmanJames Gorman, who is now executive chairman of the wirehouse, is stepping down from that role on Dec. 31.
October 18, 2024
Rockefeller Nabs $1.9B Merrill TeamThe 16-person group DiMedio Wealth Partners has joined its family office business in Newtown, Pennsylvania.
October 16, 2024
Morgan Stanley Shares Soar Most in 4 Years on Q3 Profit SurgeThe wealth unit generated revenue of $7.27 billion, with $64 billion in net new assets.
October 15, 2024
BofA-Merrill Nears $6T in Assets Across Banking, Wealth ManagementExecutives on a quarterly earnings call cited strong momentum across all three business lines.
October 11, 2024
Falling Rates Aren't as Bad as Feared for Wells Fargo, JPMorganThe banks' shares rose after they reported quarterly earnings that included upbeat results in investment banking and capital markets.
October 11, 2024
Citi: Advisor Improperly Lured Clients to Move Millions to Wells FargoMichael Fowler contacted clients multiple times to solicit them to switch firms, Citi alleges.
October 09, 2024
Merrill Asks Judge to Dismiss Ex-Advisor's Suit Over Deferred CompThe advisor said he forfeited $500,000 in unvested funds allocated to an award plan.