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.
UBS Exits Protocol, Creating ‘New World’ for Advisors, Clients
By Janet LevauxThe departure will impact reps and clients, says Danny Sarch, though Mark Elzweig sees things differently.
November 20, 2017
13 Best & Worst Broker-Dealers: Q3 Earnings, 2017Most, but not all, large financial firms with broker-dealer operations reported positive results for the quarter.
November 16, 2017
Securities America Adds $446M All-Women RIA: Recruiting RoundupMeanwhile, RBC draws teams from Wells Fargo and UBS, and Ameriprise brings on a group from Merrill Lynch.
November 13, 2017
SEC’s Top 3 Enforcement PrioritiesStephanie Avakian, co-director of enforcement, said the agency is trying to be more strategic, expanding the use of digital analytics in investigations.
November 10, 2017
Brokers ‘Not Happy’ With Merrill’s New Comp Plan: RecruiterDanny Sarch criticizes the bonus hurdles, while other industry watchers say the targets are achievable.
November 09, 2017
Lessons for Advisors From a Bus TourThe American Century/Investopedia tour, covering six cities in five states, found that advisors should focus more on financial planning than portfolio management to attract clients.
November 07, 2017
Wells Fargo Finally Launches Its Robo-Advisory ServiceIntuitive Investor is available for clients with a minimum $10,000 in assets for a fee of 50 basis points.
November 03, 2017
Number of Advisors Going Indie Up 75% Since 2012: SchwabSchwab Advisor Services analyzed SEC registration data to determine the number of advisors who entered the independent space.