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.
Edward Jones, Seeking Seasoned FAs, Gets a Recruiting Makeover
By Jane Wollman RusoffKatherine Mauzy tells ThinkAdvisor how the firm, now the biggest by advisor headcount, is trying to lure more established advisors, including beefing up their pay.
December 28, 2017
Raymond James Adds $555M Wirehouse Reps in WestThe advisors moved from Merrill Lynch and Morgan Stanley; they come on board in Hawaii, California and Texas.
December 28, 2017
Banks Offer Cash-Strapped Clients a Way to Game Trump’s Tax PlanBank of America is making credit lines available to Merrill Lynch and U.S. Trust wealth management clients.
December 27, 2017
WSJ Finds Fake Comments to DOL Criticizing Fiduciary RuleAn analysis by the paper found that some of the public comments filed with the Labor Department were fraudulent.
December 27, 2017
Tax Plan Could Change How Wall Street WorksNew legislation offers traded partnerships options for change; a key issue is whether becoming a corporation is worthwhile.
December 20, 2017
CFP Board Releases Latest Proposed Changes to Ethics and Conduct CodeThe Board is especially seeking comment on the exclusion of custodial and TAMP fees from required client disclosures.
December 20, 2017
Broker-Dealers, Banks & Financial Services Set for a Banner 2018Regulatory and tax relief coming from Washington should benefit this sector, equity analysts say.
December 14, 2017
Raymond James Recruits Wirehouse Reps With $1.75BThe 11 financial advisors join its employee, independent and Alex. Brown units from UBS, Merrill Lynch and Morgan Stanley.