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.
HighTower Attracts Another Wirehouse Team; Aims to Grow AUM to $50 Mn.
By Janet LevauxHighTower has just recruited the Strata Group, which manages some $500 million in assets, from Morgan Stanley Smith Barney.
February 04, 2010
Barclays Wealth Building Business on Lehman PlatformBarclays Wealth managing director Mitch Cox, head of the firm's global investment & product office, is leading the firm as it moves into the second...
February 03, 2010
BofA Merrill to Add 2,000 FAs as It Deals with Series of LawsuitsMerrill Lynch's 'thundering herd' now stands at about 15,000 advisors, putting it well behind rival Morgan Stanley Smith Barney with 18,135 advisors.
February 01, 2010
Smith Barney Veteran Joins BairdBaird continues to attract wirehouse advisors, like Dennis Rowland, as it opens new offices nationwide.
February 01, 2010
Morgan Stanley's Online Forum for Women Proving PopularMorgan Stanley Smith Barney says that its website for women interested in becoming financial advisors has been visited by nearly 30,000 individuals since July...
February 01, 2010
UBS Adjusts FA-Recruiting Packages: Pushes Total Bonuses Up to 260-280%Under the leadership of former Merrill Lynch executive Bob McCann, UBS Wealth Management Americas has introduced a new recruiting package. Though UBS' latest recruiting...
January 25, 2010
Wells Fargo Advisors Shares Q4'09 DataTotal number of financial advisors at Wells Fargo falls to 14,961 from 15, 143 in the third quarter.
January 19, 2010
UBS' McCann and His Team: Lots of Merrill Lynch Ex'sFormer Merrill Lynch execs hope to improve results at UBS Americas, which includes about 7,300 advisors.