Andrew Welsch

A wealth manager, who once had a $5 billion book and was terminated for "inappropriate workplace behavior," found a new home.

The past few months have seen a bevy of mega moves, the result of months of planning, recruiters say. Here are the biggest summer recruits.

The move represents one of the largest recruiting grabs in recent years, recruiters say.

Three advisors left the wirehouse to found an independent firm with help from Dynasty Financial Partners.

The advisor, who had been with Merrill since 2003, oversaw $230 million in assets, according to UBS.

The firm suffered another arbitration loss this week to clients seeking damages related to the firm's closed-end funds of Puerto Rico municipal bonds.

The wirehouse's latest hires include two advisors who generated $5 million in annual revenue while at Citi Private Bank, a firm spokeswoman said.

Two veteran advisors left the wirehouse to form an independent firm with help from Dynasty Financial Partners.