Wirehouses

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Wirehouse employees rate their firms on sites like Glassdoor.com
NEWS PRACTICE MANAGEMENT MAY 11, 2015
Wirehouse employees rate their firms on sites like Glassdoor.com

Morgan Stanley chief James Gorman gets 87% approval rating on Glassdoor.com, tops among wirehouse CEOs. The firm ranked third on Vault.com among the 50 'best' banking companies in terms of quality of life and prestige.

By Liz Skinner
UBS advisers' comp falls amid flat revenue
NEWS WIREHOUSES MAY 05, 2015
UBS advisers' comp falls amid flat revenue

Declines in transaction revenue and slower growth in fee revenue hampered performance.

By Mason Braswell
Wirehouse advisers pile into euro-stock ETFs
NEWS EQUITIES MAY 01, 2015
Wirehouse advisers pile into euro-stock ETFs

Currency-hedging ETF strategies are a no-brainer: Merrill Lynch portfolio manager

By Trevor Hunnicutt
NEWS PRACTICE MANAGEMENT APR 14, 2015
Merrill settles short-selling case with SEC for $11 million

Agency says wirehouse executed short sales in some stocks even when supply fell short.

By Mark Schoeff Jr.
Merrill Lynch's John Thiel urges colleagues to work with DOL on fiduciary rule
NEWS RIAS APR 14, 2015
Merrill Lynch's John Thiel urges colleagues to work with DOL on fiduciary rule

By Mason Braswell
Fired $1.3B Merrill broker speaks out
NEWS PRACTICE MANAGEMENT APR 08, 2015
Fired $1.3B Merrill broker speaks out

A 33-year veteran,Thomas Buck won't fight the wirehouse's allegations and is looking to move on after his sudden, unexpected termination

By Mason Braswell
NEWS BROKER DEALERS APR 02, 2015
Brokerage executives enjoying steadily increasing payouts

As markets thrive and wealth management becomes a focus at major firms, brokerage execs like Morgan Stanley's Greg Fleming enjoy bigger paydays.

By Mason Braswell
Wall Street bonuses up 3%, even as banks pay millions in legal settlements
NEWS PRACTICE MANAGEMENT MAR 23, 2015
Wall Street bonuses up 3%, even as banks pay millions in legal settlements

Industry adds jobs in New York City for the first time since 2011.

By Bloomberg
NEWS BROKER DEALERS MAR 23, 2015
Merrill to pay $400,000 over telemarketing compliance shortfall

New Hampshire Bureau of Securities Regulation says B-Ds do not 'fully understand' how to comply with telemarketing rules.

By Mason Braswell
Exclusive: Morgan Stanley plans to sell adviser data to fund companies
NEWS ETFS MAR 20, 2015
Exclusive: Morgan Stanley plans to sell adviser data to fund companies

ETF managers may look to broker-dealers to 'lower the veil' covering advisers.

By Trevor Hunnicutt
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.

By Mason Braswell
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.

By Trevor Hunnicutt
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.

By Trevor Hunnicutt
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.

By Mason Braswell
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.

By Trevor Hunnicutt
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>

By Mason Braswell
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.

By Andrew Leigh
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.

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

Team partners with Dynasty Financial Partners to found Mosaic Family Wealth

By Mason Braswell
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.

By Bloomberg