Andrew Welsch

The move comes more than three months after Morgan Stanley and UBS quit the agreement.

Merrill Lynch, UBS and others made considerable alterations to policies and procedures in order to be compliant with the Labor Department regulation.

The Department of Labor has an incentive to defend its rule-making authority even though it is considering revisions to the regulation.

Focus turns to the SEC as it considers creating its own higher standard of client care.

James Van Steenhuyse will oversee the firm's planned growth in the region.

Jarrett Kovics will help the firm with recruiting and advisor development.

With the SEC and Labor Department rethinking their approach to a higher standard, a court's recent ruling may not have a lasting impact.

From inappropriate touching to belittling comments, women advisors confront workplace environments that are far from welcoming.

It's a sign the firm is still selectively hiring despite leaving the Broker Protocol last year.

One recruiter says, "If I'm an advisor at Wells Fargo right now, I have to ask myself is this the firm I want to tie my future to?"