Bloomberg News
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How the Wirehouses Stack Up: Smaller Ranks, Higher Profits
With all four wirehouses having reported their first quarter earnings, the industry has an opportunity to see how each firm's performance compares.

During the recent quarter, growth slowed at Merrill Lynch while it accelerated for rival Morgan Stanley. Advisor headcount fell everywhere except at Merrill, where the firm has been slowly expanding its ranks.

Advisor productivity, meanwhile, remained highest at UBS – though Morgan's advisors gained ground.

To see how the firms compare on these and other metrics, scroll through our slideshow or click here to view in a one page version.


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