Andrew Welsch

The one-time radio host allegedly spent client funds on a $1.45 million on a luxury suite at AT&T stadium, where the Dallas Cowboys play.

The independent firm was founded by two former Merrill Lynch advisors in 2012.

The move will likely be seen as a win by the opponents of the regulation.

Ensuring that a client's windfall today lasts longer than just tomorrow takes more than financial acumen, experts say.

The three-adviser group joins the regional firm from Oppenheimer & Co.

The new hires are the latest recruits to join the regional firm.

Smaller brokerages are benefiting in big ways from cutbacks at three of the four largest firms.

Phil Shaffer says changes in the business necessitated a career change if he was to maintain an edge in serving clients.

Dan Rothenberg of UBS says it's given his team an "easier hurdle to be beat rather than a benchmark."

Recognize that you can't do it all by yourself, says Morgan Stanley's Mihir Patel.

"At least 50% of our assets are three generations or more," explains Bob White of HighTower.

Two factors drove Morgan Stanley's Nick Kavallieratos to the top of On Wall Street's 40 Under 40 list earlier this this year.

A judge issued a ruling after intensely scrutinizing advisors' emails and text messages to clients.

They made the move in part because of the marketing and research resources the firm offers, says new hire Todd Kissel.

The new hire comes after the wirehouse said it would cut back on recruiting.

Adviser headcount continued a slow, but steady decline, slipping to 6,915 from 7,116 for the year-ago period.

"This is a challenging time for the firm with the DoL rule," CEO Paul Reilly said.

The Swiss wirehouse hit the founding partners of an $8 billion firm with a lawsuit.

The Labor Department is receiving a deluge of feedback from advisers and investors on whether to revise its controversial regulation.

Social Security numbers and portfolio information for some high-net-worth clients and advisors was provided inadvertently as part of a lawsuit.