Break [|] pipe delimited values in rows

I have a text line containing information separated with pipe sign [|].
Kindly provide me a macro/code to break them into:
a. Each broken value should be moved to a new row downwards.
Or [Optional]
b. Multiple cells towards right.

Sample:
Column 1 / Row1
W: www.hintonburdick.com
NM: Robert Cox, CPA|NM: Todd Hess, CPA|NM: Jim Wilson, CPA

a. Should be:

Column 1 / Row1
W: www.hintonburdick.com
Column 1 / Row2
NM: Robert Cox, CPA
Column 1 / Row3
NM: Todd Hess, CPA
Column 1 / Row4
NM: Jim Wilson, CPA

b. OR [Optional]

Column1 / Row1
W: www.hintonburdick.com
Column2 / Row1
NM: Robert Cox, CPA
Column3 / Row1
NM: Todd Hess, CPA
Column4 / Row1
NM: Jim Wilson, CPA