Wirehouses

Displaying 2382 results
Are wirehouses dinosaurs? Citi, MS haggling over Smith Barney could offer clues
WIREHOUSES SEP 13, 2012
Are wirehouses dinosaurs? Citi, MS haggling over Smith Barney could offer clues

Low-ball valuation by Morgan Stanley doesn't inspire great confidence in future of big brokerage business

By John Goff
INDEPENDENT BROKER DEALERS SEP 13, 2012
Finra may offer exemptions on controversial fee

Finra said it is considering an exemption for a controversial fee it charges for existing members that make material changes to their firms

By DJAMIESON
WIREHOUSES SEP 12, 2012
Wells Fargo taps Smith Barney vet to lead strategy

Eduardo Queen spent seven years at New York-based wirehouse

By JKEPHART
Banks duel over value of MSSB
WIREHOUSES SEP 12, 2012
Banks duel over value of MSSB

Citi says MSSB is worth $22B. Morgan Stanley says it's more like $9B. So who's right?

By AOSTERLAND
$790M team jumps to Merrill after four months at Barclays
WIREHOUSES SEP 05, 2012
$790M team jumps to Merrill after four months at Barclays

Celenza, DiGioia make quick exit from U.K. bank after 11 years at Smith Barney; location, location, location

By AOSTERLAND
WIREHOUSES SEP 04, 2012
HighTower's Weissbluth: Wirehouses are like Proctor & Gamble

By John Goff
WIREHOUSES SEP 02, 2012
Finra fighting expungement granted by its own panel

By DJAMIESON
MSSB to pare number of complexes
WIREHOUSES AUG 29, 2012
MSSB to pare number of complexes

In a bid to cut costs, MSSB plans to substantially pare the number of its complexes. The brokerage also plans to shrink the ranks of its nonproducing managers.

By AOSTERLAND
Group of MSSB advisers threatening to leave: Reuters
WIREHOUSES AUG 28, 2012
Group of MSSB advisers threatening to leave: Reuters

Unhappy with 3D platform, report claims

By AOSTERLAND
Star-QB-turned-adviser goes independent route
WIREHOUSES AUG 16, 2012
Star-QB-turned-adviser goes independent route

Billy Blanton went from gridiron to wirehouse; now he's going solo

By Andrew Osterland
Thinning the herd: Merrill close to selling non-U.S. units
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

By John Goff
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

By John Goff
Following $84M loss, Finra board election commences
INDEPENDENT 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

By DJAMIESON
Morgan Stanley lays an egg
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

By AOSTERLAND
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.

By Liz Skinner
Merrill advisers increasing — and so is their production
WIREHOUSES JUL 19, 2012
Merrill advisers increasing — and so is their production

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

By AOSTERLAND
WIREHOUSES JUL 18, 2012
Branding: Merrill revives the bull

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

By AOSTERLAND
Team of three generations of advisers leaves MSSB for UBS
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

By AOSTERLAND
MSSB's margins still somewhat marginal
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

By John Goff
Merrill fined for allegedly overcharging customers by $32M
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

By Liz Skinner