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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.
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Big-Four wirehouse data: Q2 2011

Posted by RJ and Makay on Aug 03, 2011

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Here is a breakdown of second-quarter 2011 wirehouse data for Bank of America Merrill Lynch, Morgan Stanley Smith Barney, Wells Fargo Advisors and UBS Wealth Management, Americas as published by Investment News on August 2, 2011.  Bank of America Merrill Lynch showed the highest advisor headcount growth, and all except for UBS Wealth Management, Americas saw year over year increases in client assets, with Morgan Stanley leading the way at 13.9%.