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.
Morgan Stanley-Smith Barney Outline Venture
By Janet LevauxThe former Morgan Stanley Stanley Dean Witter is set to become Morgan Stanley Smith Barney, as Citi have announced a deal to combine Morgan Stanley's global wealth management group and Citi's Smith...
November 24, 2008
Why the wirehouse is vanishingSay goodbye to wirehouses. "This year's market turmoil is reshaping the retail brokerage industry, with big national companies being replaced by bank-brokerage conglomerates, independent advisors and...
November 14, 2008
Cerulli: Advisors Often Stick With WirehousesFinancial advisors generally seem to like the idea of being able to move to a firm where they can operate as they see fit, but ...
November 01, 2008
Q&A: Wirehouses Are Down, But Not OutResearch spoke with Chip Roame, head of Tiburon Strategic Advisors in Northern California, about the latest news affecting the wirehouse firms and the industry. Research: What...
November 01, 2008
2008 Advisor Hall of FameWelcome to Research magazine's Advisor Hall of Fame, now in its 18th year. This eagerly anticipated annual feature has become a benchmark of excellence in...
September 15, 2008
MERRILL TO BE SOLD TO BANK OF AMERICA (Sept. 15, 2008)Bank of America Corporation has agreed to acquire Merrill Lynch in a $50 billion all-stock transaction, a deal predicted by industry expert Chip Roame in June as part of Research magazine's 30th-anniv
October 25, 2007
Lincoln Expands Employer Distribution GroupLincoln National Corp. says it has expanded its defined contribution wholesaler teams.The team, which serves wirehouses and independent financial planners, now employs 20 external wholesalers ...
September 01, 2007
Free and ClearResearch: What's so great about the independent advisory business?Grist: The wirehouse has done a good job keeping this little gem of the industry quiet, but...