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 Wealth Unit Cuts Recruiting 40% to Beef Up Advisor Pay
By Janet LevauxThe Swiss-based wirehouse says its plans are part of an overall reorganization and cost-cutting for its American wealth unit.
June 08, 2016
Morgan Stanley Files to Launch ETFsThe wirehouse plans to introduce both passive and active products, according to SEC registration documents.
June 06, 2016
Top Portfolio Products: State Street and Elkhorn Add ETFsThis week's offerings also include a new asset allocation platform to help advisors comply with the DOL fiduciary rule.
June 01, 2016
Recruiting Roundup: Raymond James Adds $620M Bank Group, AdvisorMeanwhile, Morgan Stanley picks up four reps with a combined $790 million in assets.
May 31, 2016
Top Investment Firms for Consumer Satisfaction: Temkin GroupNone of the investment firms surveyed had rankings considered "good" or "excellent."
May 27, 2016
Advisor-Sold 529 Plans Lose Market Share Even as Assets GrowAdvisor-sold 529 plans account for 46% of all 529 plan assets, but more investors are choosing direct-sold funds with lower fees, according to Morningstar.
May 26, 2016
NBA, NFL Players Win Arb Case Against Morgan StanleyThe case was brought before FINRA and alleged the firm did not adequately supervise a now-barred broker.
May 26, 2016
Honoring Advisors Who Serve(d): Memorial Day, 2016ThinkAdvisor, in its yearly slideshow, honors nine veterans this Memorial Day who served in the armed forces and now serve their clients as financial advisors.