Janney

So far this year, Janney has onboarded 36 financial advisors. The newest team managed more than $290 million in client assets.

Six of the new recruits broke away from Merrill Lynch.

The wirehouse loses four more advisors to the regional BD.

The regional BD adds two teams with $373 million in assets.

Janney, RBC and Edward Jones are three firms that have modified how they deliver coaching and training to advisors.

The firm has brought on 200 advisors since 2015.

Three of the four new hires have more than 20 years of industry experience.

The deal will give Janney greater access to the community banking sector.

The new hires come at the expense of Merrill Lynch and Wells Fargo Advisors.

The regional BD’s new advisors managed a total of $225 million in assets at Wells Fargo and Merrill Lynch.

It’s the latest losses for the wirehouse, which has suffered from advisor attrition.

The regional firm launched its seventh new office this year.

The firm “has experienced a successful streak of recruiting over the last two years, adding more than 100 experienced financial advisors during that period,” says President Jerry Lombard.

This quarter the firm brought on 14 new advisors, who advised more than $1.1 billion in client assets at their former firms.

The wirehouse has been hemorrhaging talent over the last few months.

See which industry leaders made the cut for this year's list.

Merrill Lynch’s head count isn’t suffering, but some regional BDs have grown by thousands in the past five years.

Raymond James, Janney, Ameriprise and Stifel are all racking up impressive hires from the wirehouses.

Six of the top 10 advisor recruits — managing roughly $13.2 billion in client assets — have walked out of the wirehouse so far this year.

The wirehouse has lost at least 123 advisors managing $15.7 billion in client assets year-to-date, according to other firms’ hiring announcements.