Long, who oversaw 400 advisors at Wedbush, parted ways with the firm earlier this month.
Four advisors joined the firm from rival brokerage D.A. Davidson.
Facing a talent shortage, banks need young advisors more than ever and they're finding them before they even graduate college.
Two wirehouse advisors generating almost $1.7 million jumped to Steward Partners, an independent firm affiliated with Raymond James Financial Services.
"Im delighted to be returning to my California roots and joining Google," Porat said of her move back home to Silicon Valley.
The recruit generated $614,000 in production at his former job.
Better technology, cultural differences and bigger deals have enabled regional firms to recruit more competitively and keep up the momentum.
Wealth managers who managed over $800 million in combined client assets have joined the wirehouse, according to a spokeswoman.
The elite Bank of America brokerage unit created a new executive role to oversee philanthropic services.
Will the firm's latest deferred comp measure drive advisors away and hurt recruitment? Recruiter Danny Sarch weighs in on the new plan.
Former head of private banking at Macquarie to develop strategy in the Los Angeles area.
An avid surfer, this wirehouse recruit made the move to Integrated Wealth Management.
The wirehouse grabbed a group that produced $2.5 million at RBC.
The firm also said it had recruited a wirehouse team with $2 million in annual revenues.
The firm named Prudential's Tidjane Thiam to replace Brady Dougan as chief executive officer as the bank grapples with declining profitability at the securities unit and weakened capital.
Two Morgan Stanley advisors managing about $150 million in assets moved to the regional broker-dealer.
A team that produced $3.1 million in annual revenue moved between wirehouses.
A one-time wirehouse receptionist, at a time when there weren't many women in the business, now runs her own practice.
Advisors who can bring in and work with clients, wealth strategists with tax and accounting expertise and successor CEOs are in greatest demand.
Raymond James & Associates tapped a former Morgan Stanley exec and RIA co-founder as regional director.
A former branch manager is promoted to oversee 142 employees.
Wealth managers from separate teams moved to the wirehouse.
Veris Wealth Partners, an RIA specializing in sustainable investing, recruited the advisor, who was managing $500 million as a portfolio manager.
To court young talent, banks are reimagining their ads for positions like call center agents and video tellers as YouTube clips. They are also finding ways to make applications easier to fill out on mobile devices.
Two groups representing five advisors left Morgan Stanley to join RBC.
Two advisors who managed $175 million in client assets moved between the wirehouses.
In a rare independent-to-employee move, four independent advisors joined the employee channel of Raymond James.
Arthur Tambaro thought his career was over just a year ago. But his latest move makes sense in his career path, he says.
The two new hires managed about $210 million in client assets while at Morgan Stanley.
Three former Ameriprise advisors will sign on with the employee advisory channel at Raymond James.
The former wirehouse group is larger than Dynasty's biggest recruiting grab in 2014.
The three-advisor team generated more than $2 million in annual revenue before making the move.
A wealth manager, with $65 million in client assets before he left the regional broker-dealer, joined an independent firm affiliated with SagePoint Financial.
Regional broker-dealer Wunderlich Securities recruited two wirehouse advisors.
Advisor Billy Belcher joined the firm's independent broker-dealer.
Advisors generating $5.8 million in annual revenue left Morgan Stanley for Merrill. The team is led by the No. 7 advisor on On Wall Street's Top 40 Under 40 ranking.
Morgan Stanley lost an advisor producing $883,200 in annual revenue to Merrill Lynch.
A former RBC team that managed $200 million in client assets has signed on with Raymond James' Los Angeles office.
The recruit takes on a new role as complex manager at the firms latest office in Birmingham, Ala.
Two veteran wirehouse advisors joined regional broker-dealer Wunderlich.
Two UBS advisors managing $170 million in assets joined Baird.
The former branch vice president will now serve high-net-worth clients at the banks Los Angeles office.
A Morgan Stanley advisor left the firm to join HighTower.
Recruiting activity will intensify as seven-year contracts begin to expire. Is now the time to cut a deal? Headhunters weigh in.
Next-generation advisors, next-gen clients and next-gen technology are at the heart of TD Ameritrade's newest programs for advisors.
Ameriprise Financial reported 33% year-over-year growth in wealth management profits.
A pair of sessions at the FSI OneVoice conference focused on recruiting and retention challenges facing IBDs, many of which center on hybrid or dually registered RIAs who are edging toward greater independence.
Raymond James & Associates recruited advisors from Oppenheimer & Co. and Wells Fargo Advisors, each with close to $1 million in revenue.
Two wirehouse advisors generating $1.3 million in annual revenues joined RBC Wealth Management.
The regional broker-dealer lands three new recruits for its employee channel, including one who managed more than $100 million AUM.
Two Merrill Lynch advisors left the wirehouse for independent firm Snowden Lane Partners.
A wealth manager with 30 years of experience left Citigroup Global Markets to join the year-old Lebenthal Wealth Advisors as a producing branch manager.
The seven-member group left Morgan Stanley to join Wells Fargo.
Raymond James lured away a Morgan Stanley advisor managing more than $85 million in client assets.
Seth Barnes was promoted to oversee 10 branch offices at the wirehouse.
Two advisors left Wells Fargo to join Stifel.
An advisor managing more than $188 million in client assets joined Raymond James & Associates.
Kevin Reed, head of wealth management for Janney Montgomery Scott, explains how the firm is shifting its focus to meet the needs of a "new breed of FA."
The firm hired the former CEO of Source Capital Group as a regional manager.
Raymond James lured away a UBS advisor managing more than $120 million in assets.
An Edward Jones advisor managing more than $114 million in client assets joined the Raymond James independent channel.
Two advisors left RBC to join Raymond James' employee channel.
Stifel Nicolaus lured away a 36-year veteran advisor from RBC.
The CFP Board has launched a new online portal intended to serve as a resource for people looking to start a career in financial planning.
U.S. Capital Advisors recruited a veteran Wells Fargo advisor who previously managed $550 million in assets as part of a three-person team.
An advisor managing $215 million in assets left Merrill Lynch to join the regional firm.
A former BNY Mellon advisor that managed $850 million in client assets has formed an RIA affiliated with Raymond James' independent RIA channel.
The elite team left Merrill Lynch for Morgan's ultrawealthy consulting group. The mega move comes on the heels of the firm's data breach.
The new recruits come from Morgan Stanley and UBS.
The fast-growing, private wealth management firm has partnered with a new team, TC Wealth Management.
Firm president Tash Elwyn explains the upswing in advisor headcounts.
Bank wealth management has been on a tear, but pressures such as recruiting and robos threaten to the slow down the momentum. Heres how banks are fighting back.
Banks need more advisors and have the business to support a bigger headcount, but many are too busy chasing only the best producers, leaving them in a Catch-22 where they cant staff up enough to see real growth.
Cerulli predicts that market share gains in the RIA and dually registered channels will likely come at the expense of wirehouses and independent broker-dealers.
The firm recruits a team with advisors from Wells Fargo and JP Morgan.
Three of the four formed a team with $218 million in assets under management.
The Bogart Group was previously with RBC Wealth Management-U.S., managing client assets of more than $600 million.
The wirehouse recruited advisors from rivals Merrill Lynch and UBS.
Merrill's newest recruit managed more than $185 million in client assets while at UBS.
Margaret Towle was most recently a partner and managing director with HighTower Advisors. She's also editor-in-chief of The Journal of Investment Consulting.
Raymond James' independent broker dealer lured away two advisors producing $1.85 million from Morgan Stanley.
Raymond James & Associates lured away a wirehouse team with $116 million in AUM.
The wirehouse named former football pro and advisor William Thomas to head the firm's San Francisco complex.
A Wells Fargo team left the wirehouse to join Raymond James & Associates.
An advisor managing $181 million in assets left Morgan Stanley for the Swiss firm.
Wealth managers called into active duty have a delicate balancing act between serving firm and country.
Lebenthal picked up an RIA that oversees $250 million in assets, as well as a team of two advisors in New York.
Mega teams spend months, sometimes years, in the effort to find a new home and transition their oversized books.
Raymond James & Associates recruited an advisor managing more than $191 million in assets from regional rival Stifel.
The wirehouse brought over five advisors from UBS and Citi Personal Wealth Management.
The team, known as Madison Street Financial Group, generated $3.5 million in annual revenue.
HighTower recruited a Merrill Lynch advisor to join a group that broke away from the wirehouse earlier this year.
An advisor team generating $6.7 million in annual revenue has left J.P. Morgan Securities for Raymond James & Associates.
A new addition to Raymond James & Associates helps further the firm's growth plans.
Two Raymond James advisors joined Ameriprise; one went to the employee channel, the other moved to the firm's independent side.
Wells Fargo Advisors recruited a veteran advisor generating more than $1 million in annual revenue.
Merrill Lynch lost a group of advisors managing $535 million in assets to Raymond James & Associates.
A Merrill Lynch advisor has left the wirehouse to join UBS Private Wealth Management.
Advisors from Morgan Stanley, with combined assets of more than $387 million, made the move to Merrill Lynch.
Advisors from Merrill Lynch and Wells Fargo were elected to IMCA's board of directors.
Stifel Financial hired a new branch manager who previously worked for Merrill Lynch.
Want a better way to help staff improve? Here's how to turn the end-of-the-year ritual into an experience that's productive for you and your employees.
The wirehouse said it scooped up two advisors from rivals Raymond James and J.P. Morgan.
Two advisors have left J.P. Morgan Private Bank to join Barclays' wealth management division in Palm Beach, Fla.
Raymond James & Associates lured away one advisor who generated $2 million in production.
Raymond James & Associates has recruited financial advisors from RBC and TD Ameritrade, including one with $100 million in AUM.
Janet Robinson is the first woman to join the 8-member board of the independent firm founded by wirehouse managers and affiliated with Raymond James Financial Services.
Worries about a tidal wave of retiring advisors may be overblown, say some wealth management executives.
RBC enticed away a Merrill Lynch team managing $103 million in assets.
Frank Campanale, CEO of Lebenthal Wealth Advisors and a former executive at Smith Barney, spells out the key elements in firm's growth plans and recruiting strategy: brand, equity stakes and passion.
Worldwide, the number of people with $30 million or more to invest -- the kind of folks who would hire a family office -- rose 15.6% to 128,300 in 2013. See which firms manage the most assets.
Washington Wealth Management lured away an advisor managing $100 million in assets and who had been at the wirehouse for three decades.
RBC Wealth Management lured away a wirehouse advisor managing $116 million in assets from Wells Fargo Advisors.
Deutsche Asset & Wealth Management grabbed a financial advisor from rival Barclays.
Lebenthal Wealth Advisors has recruited a former wirehouse branch manager and two independent advisors to fulfill its growth plans.
An independent advisor managing $165 million has joined Ameriprise's employee channel.
If you want a better talent pipeline, you should get closer to the institutions minting new CFPs. See how several firms are doing it.
Want some interns or residents of your own? Here are a few issues to keep in mind before the students show up.
Special report card: See the colleges, universities and other institutions training new planners.
We found a few firms that were getting it right on recruiting next-gen planners. Check out their road map.
If you want your firm to grow, you need a plan to find and develop smart young advisors. Here's how our firm does it.
Wealth management firm Baird has developed a new way to connect with planning students at University of Wisconsin.
Don't throw new hires into the deep end. Here are a few smarter ways to help them thrive.
Tash Elwyn, president of Raymond James & Associates, says that while the future of the industry could experience collapse or further consolidation, his firm has found success serving from a unique niche.
Mary Mack is not only president of Wells Fargo Advisors, shes a client too. In an exclusive interview with On Wall Street, Mack talks about what its like being a Wells Fargo client, the direction of her firm and the changing landscape for advisors.
Janney Montgomery Scott lured away a husband-wife team from Wells Fargo Advisors.
Raymond James Financial's private client group contributed to record profits for the company on strong performance.
Edward Jones Managing Partner James Weddle says the firm grows organically, recruiting from colleges and even the military for new advisors.
The independent broker-dealer has added former LPL affiliate Nelson & Nelson Wealth Management of Camarillo, Calif.
An advisor team has left J.P. Morgan to join regional wealth manager Janney Montgomery Scott, opening a new office in Rhode Island.
Deutsche Asset & Wealth Management has hired Jason Dudley from Morgan Stanley as a director and regional executive for the firm's Atlanta Private Client Services office.
A Wells Fargo advisor team that managed $200 million in assets has left to join Steward Partners, an independent firm founded a year ago by former wirehouse managers.
Latest Morgan Stanley advisor additions around the country bring a combined $565M in AUM and over $3M in revenue.
Merrill Lynch grows its Chicago presence by hiring UBS team with $500M in AUM and nearly $5M in revenue.
Expanding its advisor ranks, small broker-dealer Jefferies announced the hire of a rio of Barclays veterans that bring a focus on REITs and MLPs.
Caleb Brown and Michael Kitces, founders of New Planner Recruiting, have launched of a new website that focuses exclusively on job opportunities with independent financial planning firms.
Deutsche Asset & Wealth Management lured away a managing director from J.P. Morgan.
Stifel Financial brings in a veteran Morgan Stanley advisor for a newly created client office in West Chester, Pa.
Waddell & Reed picked up an advisor from rival Edward Jones.
Wealth management advisory work has evolved from the retail brokerage days of the 1980s, when advisors were considered salespeople.
A Morgan Stanley advisor duo with $213 million in AUM has left the wirehouse to join RBC Wealth Management.
A former UBS broker was ordered to pay back the wirehouse $1.75 million of his recruiting bonus the third such million-dollar judgment against him this year.
Deutsche Asset & Wealth Management hired a new regional executive from J.P. Morgan.
Deutsche Bank AG, the German lender that has pledged to improve controls after criticism from regulators, hired Elizabeth J. Ford from Goldman Sachs Group Inc. as head of compliance for the Americas.
Raymond James reshuffles its divisions, leading to several management appointments.
A UBS advisor managing $108 million in assets has left the wirehouse to join rival firm Merrill Lynch.
An advisor team with $400 million in client assets has left Wells Fargo to go independent with the help of Dynasty Financial Partners.
The new program is designed to help advisors and sales assistants sharpen their sales and administrative skills.
Raymond James & Associates recruited a wirehouse advisor who generated over $1 million in revenue, managing more than $120 million in assets.
Morgan Stanley picked up five advisors managing more than $650 million in combined assets from its rivals, according to a spokesperson for the wirehouse.