Wirehouses

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Morgan Stanley's Hunger Games-inspired video they don't want you to see
NEWS PRACTICE MANAGEMENT MAR 20, 2015
Morgan Stanley's Hunger Games-inspired video they don't want you to see

The straitlaced wirehouse pulled the plug on this 10-minute spoof of the popular "Hunger Games" series. But did it go too far? You decide.

NEWS PRACTICE MANAGEMENT MAR 17, 2015
Home office investment performance beats advisers': study

Cerulli study suggests quantitative manager selection and staying invested during downturns helps home offices outperform advisers.

Merrill Lynch tells its advisers to get some water
NEWS EQUITIES MAR 17, 2015
Merrill Lynch tells its advisers to get some water

Nontraditional investment could benefit from long-term trends, values-based investing: CIO Bartels.

NEWS WIREHOUSES MAR 16, 2015
Widow of Home Shopping founder sues Morgan Stanley for $400M

Lynnda Speer, widow of a Home Shopping Network co-founder, alleges excessive trading and negligent supervision by Morgan Stanley in an arbitration claim.

Financial advisers rocket Vanguard to No. 2 in ETFs behind BlackRock
NEWS RIAS MAR 10, 2015
Financial advisers rocket Vanguard to No. 2 in ETFs behind BlackRock

The firm's focus on cost-conscious, fee-based advisers has been a winning strategy.

Merrill loses advisers managing $18.6 billion in 2014
NEWS RIAS MAR 10, 2015
Merrill loses advisers managing $18.6 billion in 2014

Wirehouse lost advisers managing $18.6 billion in 2014; veteran brokers blame Bank of America's 'fire first and ask questions later' mentality and expiration of retention deals. <i>(See also: <a href=&quot;http://www.investmentnews.com/section/video?playerType=INTV&amp;bctid=3966545534001&amp;date=20141231&quot; target=&quot;_blank&quot;>How wirehouses will strike back against breakaways</a>)</i>

Morgan Stanley's 'Hunger Games' parody whips financial Twitter into a frenzy
NEWS FINTECH MAR 06, 2015
Morgan Stanley's 'Hunger Games' parody whips financial Twitter into a frenzy

Twitter reacts to Morgan Stanley's 'Margin Games' Hunger Games parody.

NEWS BROKER DEALERS MAR 06, 2015
SEC's Gallagher slams White House fiduciary memo as 'propaganda'

Commissioner says administration ignores industry's stiff oversight by market regulators.

NEWS RIAS MAR 05, 2015
$800 million Morgan team breaks away

Team partners with Dynasty Financial Partners to found Mosaic Family Wealth

Former Bank of America Merrill Lynch trainees sue for overtime
NEWS WIREHOUSES MAR 03, 2015
Former Bank of America Merrill Lynch trainees sue for overtime

Duo seeks to represent more than 100 trainees, more than $5 million in damages.

Tax complexities delay distribution of 1099s
NEWS WIREHOUSES MAR 03, 2015
Tax complexities delay distribution of 1099s

As brokerages feel pressure ramp up, forms coming later than usual.

NEWS RETIREMENT PLANNING FEB 25, 2015
SIFMA claims White House figures on DOL rule flawed

A new paper by the organization concludes $17 billion estimate of lost retirement savings not substantiated.

NEWS WIREHOUSES FEB 25, 2015
Morgan Stanley suppresses 'Hunger Games' video

Charges <i>InvestmentNews</i> violated copyright laws by posting it on its website

NEWS PRACTICE MANAGEMENT FEB 25, 2015
UBS, Merrill increase bonuses for new assets and banking referrals

2015 compensation plans push advisers to build their AUM and refer clients to the bank

NEWS WIREHOUSES FEB 24, 2015
Morgan Stanley shuffles leadership in wealth unit

Co-head of global capital markets, Raj Dhanda, to lead investment products and services.

James Gorman's profitability goal leans on Morgan Stanley's wealth management unit
NEWS WIREHOUSES FEB 24, 2015
James Gorman's profitability goal leans on Morgan Stanley's wealth management unit

Morgan Stanley can hit 10% return on equity driven in part by better margins in the wealth management group, CEO James Gorman said.

NEWS PRACTICE MANAGEMENT FEB 20, 2015
Merrill Lynch scores $500 million team from UBS

Four advisers who produced $3.1 million in annual revenue joined in Palm Beach, Fla.

Financial adviser moves set to pick up in 2015
NEWS PRACTICE MANAGEMENT FEB 11, 2015
Financial adviser moves set to pick up in 2015

An analysis of <i>InvestmentNews'</i> Adviser on the Moves database points to an active year starting from the first quarter

NEWS WIREHOUSES FEB 10, 2015
UBS' U.S. brokerage business not for sale: Sergio Ermotti

Sergio Ermotti, chief executive of UBS Group AG, took time Monday to deny renewed speculation that the firm's Wealth Management Americas group might be for sale.

Merrill Lynch strikes back with $1.2 billion hire
NEWS PRACTICE MANAGEMENT FEB 10, 2015
Merrill Lynch strikes back with $1.2 billion hire

After a couple big recruiting losses, Merrill picks up a $1.2 billion team of Morgan Stanley private bank advisers.