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 Picks Up 6 Advisors From Rival Wirehouses
By Janet LevauxThe reps worked with combined assets of over $1 billion while at Morgan Stanley, UBS and Wells Fargo.
May 27, 2025
UBS Client Can’t Sue Bank Over Broker’s Alleged Affair With WifeBut the client can sue the broker, a New York judge ruled.
May 16, 2025
5 Misconceptions About Going IndependentThe move may seem like a leap into the unknown but can create clarity, control and long-term value.
May 12, 2025
Why Fewer Young People Are Becoming Financial AdvisorsThe advice business "has become a harder nut to crack" as fees keep falling, says recruiter Bill Willis.
May 09, 2025
UBS in Talks to Sell Hedge Fund Unit to Cantor FitzgeraldUBS seeks to trim riskier businesses as it faces extra capital requirements of as much as $25 billion.
May 06, 2025
UBS Will Pay $511M to End Credit Suisse U.S. Tax ProbeA bank unit pleaded guilty to conspiring to help clients hide over $4 billion from the IRS.
May 02, 2025
Morgan Stanley Targets College Sports Stars With New PartnershipThe firm is working with TheLinkU to help athletes learn from and obtain access to Morgan Stanley advisors.
April 30, 2025
Morgan Stanley Offers PE Fund for Wider Swath of MillionairesIt will initially be available only to Morgan Stanley clients, with plans to open it more broadly.