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.
BofA-Merrill Nears $6T in Assets Across Banking, Wealth Management
By John ManganaroExecutives on a quarterly earnings call cited strong momentum across all three business lines.
October 09, 2024
Merrill Asks Judge to Dismiss Ex-Advisor's Suit Over Deferred CompThe advisor said he forfeited $500,000 in unvested funds allocated to an award plan.
October 09, 2024
FINRA Bars Former Morgan Stanley AdvisorRobert Daly declined to provide information for a probe related to possible undisclosed private securities transactions, FINRA said.
October 09, 2024
Wall Street Salaries Fall Further From Pandemic HeightsThe 5.2% drop on the prior year was largely due to smaller bonuses, which were $176,500 on average.
October 03, 2024
Morgan Stanley's 2025 Comp Plan Intensifies Cross-Selling PushThe bank has long sent business advisors' way. It wants them to return the favor.
September 19, 2024
9 Reasons to Reconsider Switching FirmsHere's how to assess if the likely upsides of moving from one firm to another justify any potential downsides.
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.