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.
Surgeon Says Morgan Stanley Mismanaged His Retirement Account
By Melanie WaddellHe and his wife are seeking several million dollars in a lawsuit, alleging professional negligence and financial elder abuse.
March 13, 2026
Ex-Merrill Advisor Gets Annuity Complaint ExpungedThree FINRA arbitrators said the customers "often made spurious complaints and quickly withdrew or dropped them."
March 12, 2026
Morgan Stanley, Asset Manager Shares Fall After Redemption CapsMorgan Stanley shares fell by as much as 5%, after the bank limited withdrawals from one of its private credit funds.
March 09, 2026
Ex-Morgan Stanley Rep Impeded Investigation: FINRAThe regulator was probing James Fredrick Tighe's firing over unauthorized transfers from a client account.
March 09, 2026
UBS Bonus Pool Rises 10%, Ermotti Pay Unchanged at $19MThe firm brought the current CEO back in 2023 to oversee the government-brokered rescue of Credit Suisse.
March 05, 2026
Morgan Stanley Lays Off 2,500: ReportsWealth and investment management employees were affected, The Wall Street Journal reported.
March 04, 2026
Yes, Bank Advisors Can Be Entrepreneurs TooWith ownership over advice, those who go independent often rediscover the most energized version of their professional identity.
March 04, 2026
Ex-Morgan Stanley Advisor Convicted of Defrauding 3 NBA PlayersDarryl Cohen cheated the pro athletes out of more than $5 million, according to prosecutors.