Andrew Welsch

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.

Two advisors passed on an opportunity to join Wells Fargo, which recently inked a recruiting deal with Credit Suisse.

The wirehouse said it recruited the advisors from Credit Suisse.

Chris Mahoney, a longtime veteran of the wirehouse, says he loved his time there. But bureaucratic changes forced his nearly $3 billion practice to find a new home.

The wirehouse pulled over four teams from Credit Suisse.

Advisors can assist their aging clients having a hard time keeping a family-run business in the family.

In one of the largest moves, the wirehouse picked up a team from Credit Suisse that generated $6.4 million in annual revenue and oversaw $610 million in client assets.

The firm said it landed the mega team from Merrill Lynch, marking it the largest recruiting move in Raymond James' history.

Four advisors made the switch from Wells Fargo's independent broker-dealer to Raymond James Financial Services.

Among their chief concerns: being a burden on their families, according to a UBS survey.

The independent firm affiliated with Raymond James picks up two recruits who made the jump in separate moves from Oppenheimer.

RBC's newest recruits oversee about $132 million in client assets.

The new recruits join Baird from Wells Fargo Advisors and Stifel.

An advisor overseeing $355 million in client assets joined Morgan Stanley.

The wirehouse is taking a personalized approach, says Mary Mack, head of Wells Fargo Advisors: "We are learning more about them and they are learning more about us."

SEC Chairwoman Mary Jo White says they are working on a fiduciary rule, but declined to provide a timeline, saying it's "not a short, quick uncomplicated rule making."