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.
Morgan Stanley Boosted Gorman’s Pay 25% for 2014
By Michael J. Moore, BloombergJames Gorman received $22.5 million for his performance last year, but a few other CEOs earned even more.
March 31, 2015
Women’s Networks Boost Profits: FWASuccessful womens internal networks help their firms engage female clients and close business deals, a survey by the Financial Women's Association found.
March 24, 2015
Wall Street’s 15 Biggest Spenders on Lobbying in WashingtonWall Street banks, financial services firms and trade associations spent $1.4 billion in the 2013-2014 election cycle, according to Americans for Financial Reform.
March 24, 2015
Morgan Stanley CFO to Leave for GoogleRuth Porat will take the same position at Google and will be one of the few female top executives in Silicon Valley.
March 23, 2015
Merrill Fined $2.5M Over Unapproved ‘Double Production’ TalksThree hundred advisors and staff in Boston attended sales presentations that were not pre-approved by compliance.
March 23, 2015
Raymond James, LPL Add Teams From Morgan StanleyThe two groups each have $200 million or more in assets; Securities America taps recruiter; Foothill Securities brings on $1B group.
March 19, 2015
Morgan Stanley’s Dhanda Named to New Role in Wealth UnitHe replaces Andy Saperstein, who is becoming co-COO of institutional securities.
March 17, 2015
FiNet President: Wells Fargo ‘Loves Our Growth Story’Wells Fargo Advisors independent channel has been on a tear, adding 99 advisors last year, FiNet President Kent Christian says.