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.
$1.3B Group Joins Focus Financial From LPL: Recruiting Roundup
By Janet LevauxMeanwhile, Raymond James' employee channel names its top complex and branch managers of 2017.
January 17, 2018
As Hate Groups Embrace Bitcoin, Advisors Warned to Check Out ClientsIt could damage a firms public image, and may run counter to internal ethics policies, according to several law professors.
January 12, 2018
Wells Fargo Earnings Take $3.25B Litigation HitThe latest charge comes after a $1 billion expense in the third quarter; the bank is struggling to cut costs after consumer scandals.
January 11, 2018
Merrill Lynch Starts Texting Program for AdvisorsThe news comes about seven months after Morgan Stanley announced a similar tech move for its reps.
January 11, 2018
3 Execs Exit Embattled Wells FargoTwo of the employees were referenced by name in an April 2017 report on the banks misconduct.
January 08, 2018
Wells Fargo's 2017 Silver Lining Is Drop in CFPB ComplaintsCFPB complaints fell 18% vs 2016, best among 10 biggest banks; Capital One posted the biggest rise as most lenders saw a drop.
January 04, 2018
Wirehouses Say No to BitcoinMerrill Lynch, Morgan Stanley, UBS and Wells Fargo have banned sales of futures and trusts tied to the cryptocurrency.
January 04, 2018
Raymond James Helps $300M Merrill Team Go Indie: Recruiting RoundupMeanwhile, a Cambridge-affiliated group taps a new CEO from Lockton and moves to double its size.