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.
Wall Street Salaries Fall Further From Pandemic Heights
By Todd GillespieThe 5.2% drop on the prior year was largely due to smaller bonuses, which were $176,500 on average.
September 18, 2024
On the Hunt for HNW Clients? Look to In-House Investment BanksAffiliating with an independent firm that offers such capabilities can be a true differentiator for financial advisors.
September 17, 2024
BofA Names Leaders to Better Align Investment Bank, Wealth UnitsJim Rourke and Michael Liu were named co-heads of private client partnership development.
September 13, 2024
Merrill Lands $2.2B Morgan Stanley TeamThe Oberheide-Schlesinger Group's James Oberheide brings over 30 years' financial industry experience.
September 13, 2024
Wells Fargo Clearing to Pay $3M Over Reps' Unsuitable TradesThe firm failed to supervise short-term trading of income-generating securities, FINRA says.
September 06, 2024
Warren Buffett's Haul From BofA Stock Sales Nears $7BStill, Berkshire remains the bank's top shareholder, with a roughly 11% stake valued at over $34 billion.
August 30, 2024
Merrill Fined $3M Over 'Deficient' Trade SurveillanceMerrill relied on third-party automated systems that were insufficient to monitor for manipulative trades, FINRA says.
August 29, 2024
Wells Fargo Worker Found Dead in Office After 4 DaysThe employee scanned in on a Friday and was discovered Tuesday, police confirmed.