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.
Major Wirehouses Hit by FINRA for Lobbyist Payments
By Marlene Y. SatterFINRA announced Thursday that it had sanctioned five firms for fees paid to a lobbyist.
December 20, 2012
Wirehouses, IBDs Post Final Recruiting Wins, Losses of 2012Morgan Stanley, Merrill Lynch and other firms saw a number of advisors come and go at year end.
December 18, 2012
Massachusetts Slaps Morgan Stanley With $5M Fine Over Facebook IPOMassachusetts regulators said the firm's investment bankers had 'inappropriate influence' on its research analysts
December 17, 2012
Advisors Expect Strong Growth in Return on Assets in 2013: Russell SurveyAdvisors will focus on clients approaching retirement to boost ROA growth.
December 14, 2012
Wells Fargo Tweaks 2013 Comp Program for BrokersThe wirehouse broker-dealer adjusts one payout level and adds a bonus focused on client acquisitions.
December 06, 2012
Morgan Stanley Alters Advisor Comp Plan, Offering Discount Stock in 2013The bonus for total revenue in 2013 will be cut by 2% to cover compensation adjustments next year.
December 05, 2012
RIA Washington Wealth Adds Two Teams, Hits $1B in Recruited AssetsThe independent hybrid RIA is led by ex-wirehouse reps and uses LPL Financial as a broker-dealer.
December 04, 2012
Morgan Stanley Nabs $5.5 Million Producers From Merrill, BarclaysThe eight financial advisors also have nearly $780 million in combined client assets