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.
Fidelity Unveils New Digital Experiences For Next-Gen Investors: Tech Roundup
By Jeff BermanAlso, iCapital has introduced structured investments via Envestnet's platform.
April 19, 2023
Morgan Stanley Profits Drop Despite Strong Wealth ResultsThe wirehouse aims for its wealth management business to bring in $1 trillion in net new assets every three years.
April 12, 2023
Buffett Says More Bank Failures LikelyStill, the Oracle of Omaha says depositors aren't likely to lose any funds and Bank of America is a good Berkshire Hathaway investment.
April 06, 2023
Morgan Stanley's 1GT Invests in AI-Focused Analytics Startup: Tech RoundupIn addition, Orion's Redtail platform has integrated with Flourish.
April 04, 2023
How UBS Bought Credit Suisse for a Song — With Morgan Stanley's HelpUBS paid about double what it spent on its failed purchase of Wealthfront and got more than 50 times the client assets.
April 04, 2023
Next Hearing Set for Ex-Broker Charged With Murder of BofA-Merrill ExecAnthony Duwayne Turner's next court appearance for the killing of Michelle Avan in 2021 will take place on May 8.
April 04, 2023
Best Full-Service Wealth Management Firms Ranked by Investors — J.D. Power, 2023A study finds that satisfaction with advisors has fallen with market performance, showing advisors need to do more.
April 03, 2023
Merrill to Pay $9.5M Over Undisclosed FeesThe firm paid part of these foreign exchange fees to advisors, referring to them as commissions in internal documents, the SEC says.