Andrew Welsch

The wirehouse's newest hires come from Credit Suisse, which is looking to exit the U.S. wealth management market.

Advisors and firms will struggle with multiple and possibly conflicting standards should the Labor Department move forward with its fiduciary proposal, the industry group warned.

Employees at the wirehouse learned in a memo Thursday that Chris Wolfe was named CIO, among several other changes.

The firm's 2016 comp plans helps continue an emphasis on growing banking and lending businesses – a top strategic priority for the wirehouse, according to President Greg Fleming.

The wirehouse is increasing thresholds on grid ranges and tweaking some awards.

Four advisors from the Swiss firm passed on an offer to join Wells Fargo Advisors.

Advisors spend their whole careers planning for their clients’ retirement, but often wait too long to plot their own exit.

The former advisor swindled 22 clients out of their funds, telling them that they were investing in tax liens when he was really using the money to pay his bills, authorities claim.

The wirehouse's three newest recruits come from Credit Suisse.

William Blair, a Chicago-based financial services firm, said it hired a 24-year industry veteran.