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.
Americans Really Don’t Like Wall Street: Poll
By John SullivanWall Street scores the lowest rating of any person or institution included in an NBC News/Wall Street Journal poll.
September 12, 2013
Ex-Ameriprise Rep Opens TrestleBridge, Affiliates With LPLMeanwhile, LPL-affiliated Washington Wealth rolls out platform for advisors who want to work remotely.
September 09, 2013
BofA-Merrill Settles Gender Discrimination Suit for $39MThe lawsuit was filed in 2007 and involved about 4,800 current and former financial advisors.
September 04, 2013
RIA Growth Inevitable as Brokers Go Indie: S&P Capital IQBrokers move to independence is one of the fastest growing trends in wealth management, and RIAs are poised for more growth, S&P Capital IQ says.
September 04, 2013
Wells Adds 5 Advisors, Nearly $1B in Assets From RivalsIn addition, Securities America adds an advisor with $137 million in assets from Financial Telesis.
August 28, 2013
Top Advisor Blasts RIAs, Brokers in New BookIf youre reading this and you get pissed, youre probably guilty of being a bad advisor, Steve Lockshin says.
August 28, 2013
BofA-Merrill Moves to Settle Lawsuit With Black BrokersThe lawsuit, which alleges discrimination and was initiated in 2005, could be resolved for a reported $160 million as early as Tuesday.
August 27, 2013
Morgan Stanley Adds 9 Reps From RivalsThe new advisors bring about $10 million in yearly fees and commission, as well as more than $1.8 billion in total client assets.