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 Veteran Hoekstra to Lead ETF Advisory Firm
By Janet LevauxThe former head of UBS Wealth Management Americas will be CEO of the ETF advisory firm
January 27, 2011
2010 Q4 Earnings: Invesco Profits Rise 44% in Mixed PerformanceInvesco reported higher Q4 earnings but disappointed analysts as stronger stock market results were tempered by fallout from the acquisition of Morgan Stanley’s mutual-funds business.
January 25, 2011
SEC Shares Details of Merrill's $10 Million Fraud SettlementSEC brought charges of securities fraud involving issues at Merrill Lynch from 2002 to 2007.
January 25, 2011
Feb. 10: Live Discussion, Webcast on SEC's Fiduciary StandardNew Date: Feb 10 from 10 AM to 12 Noon.
January 25, 2011
Merrill to Pay $10 Million to Settle SEC Fraud ChargesMerrill Lynch is paying a $10 million fine to settle civil securities fraud charges by regulators who accused the firm of misusing customers' order data to make trades for its own account and for failing to disclose trading fees.
January 25, 2011
Baird Hires Morgan Stanley Branch ManagerChris Brewster is joining Baird in Columbus, Ohio, from Morgan Stanley Smith Barney.
January 21, 2011
2010 Q4 Earnings: BofA Misses Estimates; Merrill Adds AdvisorsWealth-management sales rise; Merrill Lynch's FA headcount increases to nearly 15,500.
January 20, 2011
2010 Q4 Earnings: Morgan Stanley’s Net Income Makes Big Jump on Strong SalesAdvisors with Morgan Stanley Smith Barney had $14.1 billion in net new client assets in the fourth quarter