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.
8 Local Influencers You Need to Know
By Bryce SandersKnowing the right people means your name could be at the top of the list when an individual asks for advisor referrals.
July 26, 2023
LPL Fined $3M for Failing to Investigate Red Flags, Supervise RepsFINRA alleges that at least 50 LPL Financial registered representatives forged electronic signatures on over 1,000 documents.
July 26, 2023
Fed Raises Interest Rates to 22-Year High, Leaves Door Open for MoreThe quarter percentage-point hike lifted the target range for the Fed's benchmark federal funds rate to 5.25% to 5.5%, the 11thncrease since March 2022.
July 26, 2023
J.P. Morgan Private Bank Adds UHNW Family Office ServicesThe bank says it is working with over 40% of U.S. families with a net worth of over $100 million and more than half of America's billionaires.
July 26, 2023
Why Commercial Real Estate's Pullback Means 'Opportunity': Fund ManagerAdvisors should beware of the "yield trap" when helping clients invest in these assets, says Midloch CEO Andy Sinclair.
July 26, 2023
Schwab Retirement Unit Wants to Expand Deferred Comp ServicesThe new capabilities will be launched in partnership with Newport, which has decades of experience in the deferred comp arena.
July 26, 2023
Elon Musk Wants Twitter to Take On Jamie DimonMusk sees Twitter becoming a financial services hub. But history suggests he faces an uphill battle.
July 25, 2023
Ex-UBS Advisor Says Firm Fired Him Over His DepressionThe wirehouse failed to reasonably accommodate his treatment, according to a lawsuit.