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.
Advisors, Not Firms, Hold the Power Now, Consultant Says
By Jane Wollman Rusoff"Employee models are losing the wealth management war," William Trout of Datos Insights argues.
March 17, 2026
Dynasty Argues It Can't Be Forced to Arbitrate Merrill Raid CaseDynasty disputes Merrill's contention it agreed to arbitration.
March 16, 2026
BofA Agrees to Settle Claims It Aided Epstein Sex CrimesThe suit mainly focused on accounts allegedly used by "his co-conspirators, associates and victims."
March 13, 2026
Ex-Merrill Advisor Gets Annuity Complaint ExpungedThree FINRA arbitrators said the customers "often made spurious complaints and quickly withdrew or dropped them."
March 12, 2026
Morgan Stanley, Asset Manager Shares Fall After Redemption CapsMorgan Stanley shares fell by as much as 5%, after the bank limited withdrawals from one of its private credit funds.
March 09, 2026
Ex-Morgan Stanley Rep Impeded Investigation: FINRAThe regulator was probing James Fredrick Tighe's firing over unauthorized transfers from a client account.
March 09, 2026
UBS Bonus Pool Rises 10%, Ermotti Pay Unchanged at $19MThe firm brought the current CEO back in 2023 to oversee the government-brokered rescue of Credit Suisse.
March 05, 2026
Morgan Stanley Lays Off 2,500: ReportsWealth and investment management employees were affected, The Wall Street Journal reported.