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.
Raymond James Taps Popular UBS Exec for Private Client Post
By Janet LevauxAfter Raymond James announced that Kim Jenson would be COO of the group, coming from UBS, fan mail poured in, group head Tash Elwyn said.
May 01, 2017
Trump Weighs Breaking Up Wall Street Banks, Raising U.S. Gas TaxPresident says in interview hes examining revival of 1933 law; top administration officials back return of Glass-Steagall Act.
May 01, 2017
Morningstar to Offer Advisors a New Tool to Evaluate Risk: Portfolio ProductsIn other product news, Ivy enters the passive world with five new index funds.
April 26, 2017
HighTower Adds $500M Group From UBS, Merrill: Recruiting RoundupRBC gets all-female UBS team, LPL attracts hybrid group, Cetera shares board news, and Wells Fargo promotes execs.
April 26, 2017
‘No Evidence’ DOL Rule Is Hurting Recruiting: Raymond JamesThough Morgan Stanley says the fiduciary standard is slowing advisor movement, the independent advisor group begs to differ.
April 21, 2017
3 DOL Fiduciary Takeaways From Morgan Stanley’s Q1 EarningsCFO Pruzan outlines the impact the new fiduciary rule is having on the firm's sales, recruiting, margins and costs.
April 20, 2017
Critic of 'Overpaid' CEOs Dies at 82NYSE compensation consultant Graef Crystal criticized Citi's Weill and NYSE CEO Grasso, but labeled BofA's Moynihan as underpaid.
April 19, 2017
Why Individual Investors Support Fiduciary Rule: Financial Engines SurveyA survey from the nation's biggest 401(k) advisor found that 93% of Americans want advisors working on retirement accounts to put client interests first.