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.
Recruiting Consultants Launch Wealth Management Talent Marketplace
By Dinah Wisenberg BrinThe Vested Network aims to address the industry's growing talent crisis, the founders say.
June 23, 2026
Morgan Stanley Plans $1.3 Billion Tower for Dallas ExpansionThe property is less than a mile from Goldman Sachs' $500 million campus and now includes a seafood restaurant and a defunct gym.
June 22, 2026
Mass Affluent Investors Are Losing Interest in Wealth ManagersThese clients now get "something close to private-banking quality from AI," said Debasish Patnaik, a senior partner at McKinsey.
June 17, 2026
$3.5B Team Leaves UBS; $1.2B Advisor Joins FirmBeacon Coast Partners, which serves UHNW individuals and families, is launching an employee-owned RIA.
June 12, 2026
Merrill to Pay $225K for Not Reporting Client ComplaintsThe firm failed to report thousands of customer issues made through its call and support centers, FINRA finds.
June 09, 2026
FINRA Suspends Ex-Merrill Rep for Charging Personal Expenses on Firm Credit CardMelacknesh Belay Igwe submitted inaccurate expense reports, an order states.
June 01, 2026
Former Epstein Banker Paul Morris Departs BofA's Merrill UnitMorris, who worked with Epstein at JPMorgan and Deutsche Bank, corresponded with him for years at Merrill, Bloomberg reported.
May 29, 2026
UBS Sheds Hundreds in Latest Job Cuts After Credit Suisse DealThe cuts mainly affected staff in support functions although some bankers in client-facing roles were included.