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.
Janney Grabs UBS Rep, Recruits 25 Advisors Year-to-Date
By Janet LevauxThe firm could finish the year with some 750 employee advisors, Private Client Group President Jerry Lombard said.
August 21, 2012
Big Shift at FPA: Tuttle Steps Down, COO Schadle Steps UpAs CEO Marv Tuttles planned resignation is moved up, top deputy and FPA veteran Lauren Schadle will assume the top spot in October.
August 20, 2012
Morgan Stanley Loses Manager, Reps to Janney and Wells FargoAs Morgan Stanley continues to cut costs and find other ways to boost results, its rivals are picking up departing branch managers and advisors.
August 20, 2012
HighTower Grabs $1 Billion Credit Suisse TeamMatt Dillig and Ted Bowen had worked for Credit Suisse since 2008 and previously were part of Merrill Lynchs Private Banking and Investment Group.
August 17, 2012
Olivia Mitchell, Kent Smetters, Others Reveal Holes in Retirement AdviceSurveys show millions of people want to discuss retirement with a professional advisor. But a forthcoming book edited by Olivia Mitchell and Kent Smetters points to barriers to advice in the retirement marketplace.
August 17, 2012
Olympians and Advisors: A Win-WinTwo Merrill Lynch advisors share how they came to have top athletes as clients and as business partners.
August 17, 2012
What Makes Your Clients Tick? A Peek at 10 Finance Firms’ CustomersLooking to connect with potential clients? New Media Metrics analyzed the customers of 10 major financial institutions to discover their interests and favorite media, as well as the emotional pull of the banks themselves.
August 13, 2012
Raymond James, Wells Fargo Grab Morgan Stanley TeamsWells FiNet also adds a team from Citizens Bank, as MSSB sees an IT exec depart, as well.