Wirehouses

Refinitv’s Workspace will power the wirehouse’s investment research and risk assessment capabilities.

He allegedly told his employer that he had been diagnosed with cancer, and took medical leave from June until September. Wells Fargo notified him that he was being let go while he was away, according to the complaint.

Steve Alch, a U.S. Army veteran, has been with the company since 2001 and has overseen the wirehouse’s operations in Orlando.

Meanwhile, the wirheouse’s advisor headcount ticks down and recruitment loans drop, again.

Firms' legal brawls with departing advisors don’t exactly enhance their stature among clients. But there's reason to think this may become a thing of the past, writes recruiter Mark Elzweig.

Renewed recruiting efforts and pumped-up tech are boosting headcount and fee-based assets.

The regulator would generate an additional $225 million per year from the fee increases.

The wirehouse plucked the trio from Wells Fargo

The switch comes as the wirehouse revamps its technology platform with help from Broadridge Financial.

The company is turning to what it sees as a talent pool with proven success rates.

Charlie Scharf’s insensitive and factually incorrect remark perpetuates a damaging trope, financial advisor Lazetta Braxton writes.

It’s the latest team to exit the wirehouse as profit suffers.

Talk about European banking consolidation has been heating up as the coronavirus pandemic adds to challenges such as negative interest rates that have weighed on profitability for years.

The pandemic has underscored the need for more socially and environmentally responsible financing.

The free lunches are over. Sort of.

The new information sheds light on how an industry leader is grappling with one of the profession’s most pressing issues.

The new additions oversaw more than $275 million at their former employers.

There are currently no plans to replace the longtime wirehouse leader, whose responsibilities will be divided among other executives.

Do RIAs still have a clear advantage when it comes to modern planning software?

With higher compensation offers and a track record of independence, the No. 1 IBD is “challenging the status quo,” its head recruiter says.