wirehouse
n.β Β«Recruiters said although there has been a spike this year in disenfranchised advisers going independent, the vast majority of those on the move simply go to another “wirehouse”βa term used to describe large, full-service brokerages.Β» ββSchwab outflanks smaller rivals for new advisers” by Jonathan Spicer in New York Guardian (United Kingdom) Nov. 9, 2008. (source: Double-Tongued Dictionary)