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.
April 10, 2024
Morgan Stanley Fights Back Against 'Clawback' RulingThe move follows a FINRA panel's ruling that the wirehouse pay over $3 million to eight of its former advisors.
April 03, 2024
7 Tips for Advisors Planning to Break AwayThe growing independent RIA space includes both entrepreneurial younger advisors and those within sight of retirement.
April 02, 2024
Sanctuary Wealth Adds $700M Merrill DuoThe two advisors are based in Greensboro, N.C., and focus on serving wealthy families, executives and business owners.
April 02, 2024
UBS Plans $2B of Share BuybacksSince closing its takeover of Credit Suisse, the wirehouse has outlined targets for the integration, including $13 billion in cost savings.
March 28, 2024
UBS Pays CEO $15.9MSergio Ermotti returned to the post last April, after the bank said it was rescuing its former rival Credit Suisse.
March 26, 2024
Here's How Much 9 Investment Firm CEOs Were Paid in 2023We looked at CEO compensation at Wells Fargo, Morgan Stanley, JPMorgan and others.
March 21, 2024
Best & Worst Full-Service Wealth Management Firms Ranked by Investors — J.D. Power, 2024Overall investor satisfaction is up, but affluent millennials are getting antsy, the annual survey found.
March 12, 2024
UBS Catch-Up on U.S. Wealth Market Will Take Time: ErmottiThe Swiss bank plans to use parts of Credit Suisse's more muscular investment bank to serve its wealth management clients.
March 04, 2024
Morgan Stanley Offers Pre-IPO Trading to Wealth ClientsThe Private Markets Transaction Desk will help clients invest in the opaque market for private shares.
February 29, 2024
Merrill, Wells Fargo Offer Bitcoin ETFs for ClientsUBS is offering bitcoin ETFs to some clients on an unsolicited basis; Morgan Stanley is reviewing a move to add them to its platform.