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.
Ed Jones Has New Transition Package (March 20, 2009)
By Janet LevauxTo help it grow its advisor force 9 percent this year, Edward Jones has developed an enhanced transition package for current successful financial advisors who...
March 01, 2009
Making MagicWhen Raymond James & Associates recently named Dave Hilgendorf its Branch Manager of the Year, it didn't surprise those who work closest with him. He's known...
March 01, 2009
UBS Taps Top FAs in Texas, Shores Up U.S. Wealth ManagementWhile fierce speculation continues about the future of UBS' U.S. wealth-management operations, the Swiss-based firm added 274 advisors in the fourth quarter of 2008 and...
February 23, 2009
Wachovia FAs Get New Name, But No Traditional Retention PlanAfter completing its merger with Wells Fargo, Wachovia outlined its retention and branding efforts to advisors on February 20: Retention bonuses are not being offered, and the advisors will be renamed Wells Fargo Advisors in May.
February 20, 2009
Morgan Stanley, Smith Barney Share Retention Program with FAsThe program "awards," discussed February 20, are being offered to about 6,500 of the 20,000 advisors in the joint venture as forgivable loans.
February 01, 2009
Bob McCann Bids Merrill AdieuRobert McCann has left his post as head of Merrill Lynch's wealth-management division now that its merger with Bank of America has been completed. McCann, 50,...
February 01, 2009
The Right StaffThough Rex C. Whiteside has forsaken a fancy sushi palace for a less pricey Japanese spot when buying his staff lunch, and has cut a...
February 01, 2009
Morgan Stanley, Smith Barney to CombineMorgan Stanley, Smith Barney to Combine, Joint Venture Should Have 20,000-Plus FAs The former Morgan Stanley Dean Witter is set to become Morgan Stanley Smith Barney,...