Amanda Schiavo

Baird looks to expand its presence in the Greater Chicago area with latest hire.

‘The firm gives advisors the ability to choose who they do business with and doesn’t put limitations on minimum account size,’ one advisor says.

Spanning 50 federal districts, the case involves criminal and civil charges for as many as 200 defendants.

One recruiter argues the firm is losing talent because it will eventually exit the Broker Protocol.

At Merrill "it felt like we shifted away a little bit in recent years from the core focus of wealth management," advisor Matthew Spradlin explains.

The Raymond James affiliated firm has been aggressively recruiting from wirehouses in recent months.

“We’re going from a Civic to a Cadillac,” advisor says of the move.

The high-net-worth and ultrahigh-net-worth segments are growing globally “faster than we can grow advisors to cover them.”

Thomas Buck spent 33 years with Merrill Lynch before he was fired in 2015.

A couple in their 60s had vastly different plans for retirement: One spouse envisioned Florida, the other Chicago.