Andrew Welsch

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."

Stifel expects just 95 to 105 Barclays advisors will stay on, compared to 180 when the deal was announced in June, the firm said.

A new recruit generating about $1 million in annual revenues made the move from UBS, the firm said.

A team that oversees $750 million in client assets made the move from Morgan Stanley to UBS, the firm said.

An advisor managing $195 million in client assets left Wells Fargo Advisors for Raymond James & Associates.

Wells Fargo's elite brokerage unit picked an attorney as its new chief fiduciary officer.

Merrill Lynch picked up an advisor from rival Credit Suisse.

The firm's Americas wealth management unit is smaller, but better positioned to compete for wealthy clients after six years under President Bob McCann, industry insiders say.

With the acquisition of City National Bank complete, RBC will begin beefing up its capabilities – but in a carefully planned roll-out, says John Taft, CEO of RBC Wealth Management-U.S.

Two advisors left the British bank's U.S. wealth management unit before the close of its pending sale to Stifel.

The heads of the biggest wealth management firms vary in their approaches to challenges, including recruitment and the use of robo advisors.