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.
Merrill Agrees to $9.5M Settlement With Retired Miami Dolphin
By Dinah Wisenberg BrinReshad Jones had accused his former advisor of stealing more than $2 million, along with other misconduct.
October 01, 2025
Judge Denies Merrill's Request to Restrain OpenArc Breakaway TeamMerrill sought to bar 12 advisors from soliciting its clients and from encouraging its employees to leave.
September 30, 2025
Schwab: Merrill's 'Corporate Raid' Suit Lacks EvidenceSchwab accuses Merrill of "rank speculation" in the case against the breakaway team that formed OpenArc.
September 26, 2025
OpenArc Mega-Team Fires Back at Merrill's Charge of Corporate RaidingA dozen advisors who left the $129 billion Merrill unit suggest the wirehouse had let their division slide.
September 24, 2025
Merrill Sues Schwab, Dynasty Over Mega-Team's Defection, Alleging Corporate RaidScores of Merrill advisors and other staff left an Atlanta office managing $129 billion for Dynasty-backed OpenArc.
September 23, 2025
Morgan Stanley Taps Partner to Offer Crypto to E-Trade ClientsThe firm plans to launch an asset allocation strategy around crypto in the coming weeks.
September 19, 2025
Morgan Stanley to Boost Advisors' Monthly Pay, Reduce Deferred Comp in 2026The change comes as the wirehouse fights a legal battle over its deferred compensation plan.
September 18, 2025
BofA's Moynihan Prepares Candidates for LeadershipThe bank recently elevated several executives to new roles, sparking questions about succession for the longtime CEO.