Wirehouses

Displaying 2292 results
Thinning the herd: Merrill close to selling non-U.S. units
NEWS WIREHOUSES AUG 13, 2012
Thinning the herd: Merrill close to selling non-U.S. units

In final negotiations with Julius Baer, sources say; purchase price pegged at upwards of $2B

NEWS WIREHOUSES AUG 05, 2012
Huh? Sandy Weill says break up big banks

Man who helped get Glass-Steagall overturned now says banks should just be banks

Following $84M loss, Finra board election commences
NEWS BROKER DEALERS JUL 23, 2012
Following $84M loss, Finra board election commences

Regulator reveals three candidates for small-firm seat, as well as other nominees; some hot topics

Morgan Stanley lays an egg
NEWS WIREHOUSES JUL 20, 2012
Morgan Stanley lays an egg

Morgan Stanley's earnings were down 50% in 2Q; MSSB's average annual revenue per rep now at $775K

NEWS WIREHOUSES JUL 19, 2012
Lost his marbles? Police say UBS adviser shot out 70 windows with slingshot and aggies

But according to police in Beverly Hills, one adviser may not fully grasp this concept. They claim the UBS broker has shot out 70 office windows in the area using a slingshot filled with marbles.

Merrill advisers increasing — and so is their production
NEWS WIREHOUSES JUL 19, 2012
Merrill advisers increasing — and so is their production

Head count on the rise; average annualized revenue now at $915K

NEWS WIREHOUSES JUL 18, 2012
Branding: Merrill revives the bull

Wirehouse revives advertising icon in new TV campaign; 'symbol of strength and optimism'

Team of three generations of advisers leaves MSSB for UBS
NEWS WIREHOUSES JUL 12, 2012
Team of three generations of advisers leaves MSSB for UBS

William Bruen Sr., William Bruen Jr., and Andrew Bruen, a three-generation team of financial advisers managing over $500 million in assets, left Morgan Stanley Smith Barney LLC for UBS Wealth Management last week

MSSB's margins still somewhat marginal
NEWS WIREHOUSES JUL 03, 2012
MSSB's margins still somewhat marginal

Brokerage generated 11% profit margin in Q1, still well below its stated goal; more work ahead

Merrill fined for allegedly overcharging customers by $32M
NEWS WIREHOUSES JUN 28, 2012
Merrill fined for allegedly overcharging customers by $32M

Brokerage agrees to pay nearly $3M fine to settle Finra enforcement action; 'improper coding' blamed

NEWS WIREHOUSES JUN 26, 2012
Reps leaving Morgan Stanley Smith Barney blame technology

Recent exits may boil down to one word: Technology.

BofA sharpens Merrill Edge, adds managed accounts
NEWS WIREHOUSES JUN 19, 2012
BofA sharpens Merrill Edge, adds managed accounts

Bank of America sharpens Merrill Edge by adding 10 actively managed portfolios

NEWS WIREHOUSES JUN 14, 2012
Which brokerage has the top stock pickers?

Which brokerage has the top stock pickers?

NEWS BROKER DEALERS JUN 13, 2012
Wirehouse pay approaches parity with indies', study says

Wirehouse pay approaching parity with indie advisers': Study
NEWS BROKER DEALERS JUN 13, 2012
Wirehouse pay approaching parity with indie advisers': Study

50% drop in broker comp makes the case for going independent

Three-rung drop would be 'somewhat stunning,' says Gorman
NEWS WIREHOUSES JUN 12, 2012
Three-rung drop would be 'somewhat stunning,' says Gorman

Morgan Stanley boss preparing for possible major downgrade by Moody's; hanging out there in the wind

$450M Big Apple team leaves MSSB, hitches up with Wells
NEWS WIREHOUSES JUN 12, 2012
$450M Big Apple team leaves MSSB, hitches up with Wells

Say clients like having assets at a AAA rated bank

Morgan Stanley share price climbs after free falling
NEWS WIREHOUSES JUN 12, 2012
Morgan Stanley share price climbs after free falling

Stock regains some ground, but still trading at under $13; ratings cut looms

NEWS WIREHOUSES JUN 12, 2012
MSSB woes now in 3D

Roll out of new technology problem sees plenty of glitches; large undertaking

NEWS WIREHOUSES JUN 10, 2012
Latest UBS move seen as sign Americas unit won't be sold