Elsewhere in the financial sector Wells Fargo slipped 0.5% despite an increase in fourth-quarter profit.
Edwards and was re-branding the group just months before having to sell it to Wells Fargo.
Other banks that have been growing in the market include Wells Fargo and Washington Mutual.
Wells Fargo, another bank in which Berkshire has a significant stake, was up 2.2%.
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And Wells Fargo, with business focused more on retail banking, has risen only about 1%.
Wells Fargo largely confines itself to the mortgage market and other consumer sectors like auto loans.
Wells Fargo deserves a hesitant pat on the back for helping its depositors save time.
Wells Fargo again booked record-high quarterly profit even as its key mortgage unit lost ground.
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These include State Street Corp, Northern Trust, Wells Fargo and JP Morgan.
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Wells Fargo, a major holding, has underperformed JPMorgan Chase and Citigroup these past 18 months.
But why do so many consumers stick with giants like Bank of America or Wells Fargo?
Before the financial crisis, Wells Fargo (NYSE: WFC) was a nobody in the brokerage business.
Wells Fargo is no longer making their debit card rewards program available to new customers.
Wells Fargo basically has the same problem an income-oriented investor has: lower rates all around.
The biggest concern for Wells Fargo continues to remain its steadily declining net interest margin.
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Wells Fargo are each due to submit first-quarter results before the opening bell Friday.
Wells Fargo fared better but was still down 3% heading into the close of trading.
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Wells Fargo had an annual average earnings growth of 2.2% over the past 10 years.
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In The Matter of the FINRA Arbitration Between Wells Fargo Advisors, LLC, Claimant, vs.
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The Wells Fargo Championship gets underway Thursday, with McIlroy teeing off in the afternoon.
Advisors to the investment consortium were led by Lazard and included JPMorgan and Wells Fargo.
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Citigroup will be fine as well, and Wells Fargo dipped into undervalued territory intra-day on Thursday.
Wells Fargo, JPMorgan Chase, Walmart and Berkshire Hathaway are all near the top of the list.
"Wells Fargo, Citibank and American Express all have piddly little brokerages, " says E-Trade President Jerry D.
Dabney, now a mortgage loan officer with Wells Fargo Bank, described Jordan as a hard-working competitor.
Wells Fargo is not the first bank to make changes, nor will it be the last.
Wells Fargo is also eliminating its debit card rewards program for all customers on October 8.
Wells Fargo claims that 1m of its customers have at least tried banking online.
Buffett has been buying Wells Fargo throughout 2012 even as the stock has been climbing.
Wells Fargo analyst Matt Nemer notes that Amazon's price advantages go far beyond tax dodging.
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