Another slow quarter hit the industry's largest brokerages. Revenues slipped again and profit margins continued to narrow. Growth across all the wealth management businesses remained stagnant, as clients were cautious about investing because of uncertainty in global markets. As a result, brokerage and transaction fees have taken a hit and may continue to experience significant headwinds.
See how the wirehouses are performing this quarter across a variety of metrics by clicking through our slideshow. Read more: How the wirehouses stack up Q1