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.
Treasury Fines BofA $1.2B Over AML Violations
By Dinah Wisenberg BrinThe banking giant faces the third-largest penalty in the department's history.
October 01, 2026
$1.3B UBS Team Moves to FiNetThe Ohio-based firm joins the Wells Fargo indie channel's Ascend Advisory Group.
September 28, 2026
How AI Accelerates Growth for Forward-Thinking FirmsThere are two key drivers of above-average growth, and AI helps both, Envestnet exec Jonathan Linstra says.
September 28, 2026
NewEdge Nabs $1.25B Minnesota Team From UBSNewEdge Wealth now has more than 70 advisors serving UHNW clients across 22 locations.
September 24, 2026
UBS Keeps Grid Steady, Adds Incentives in 2027 Comp PlanThe announcement comes after Morgan Stanley said it would raise its revenue hurdles by 10%.
September 23, 2026
Vanguard, Morgan Stanley, Pershing Face Class Action Over Paper Statement FeesThe financial firms were sued in federal court over charging for written records of balances and trades.
September 23, 2026
Morgan Stanley Advisors Face Higher Revenue Hurdles in 2027With grid thresholds 10% higher, a market dip "becomes a dangerous double-whammy," a consultant says.
September 15, 2026
New Merrill Services Help Clients Transition to Managed AccountsThe offerings enable clients to move cash and other assets in a gradual, tax-efficient way, according to the firm.