Wirehouses

For just $1,000, clients can sign up for the firm’s purely digital automated advice service.

To oversee operations in the middle of the country, Merrill Lynch turned to a veteran of the firm.

Rockefeller Capital Management’s latest recruiting spate has netted it three wirehouse teams in Texas, Cincinnati and Los Angeles — one of which caters to Native American tribes.

“When I left, I told Morgan Stanley [Ron] was the best person I've ever worked for in my career,” says advisor Jason Fertitta, who is hiring his old boss.

The bank had nearly 270,000 employees at the end of last year.

Self-directed investors have opened more new accounts at the firm in 2021 than in the third and fourth quarters combined.

The wirehouse picked up a 43-year veteran from its rival.

The dispute highlights the complicated nature of non-solicitation carve-outs when advisors switch firms.

The bank is winding down the roughly $40 billion international segment of its wealth management business.

The team caters to wealthy clients and athletes, and specializes in private placement life insurance.