Andrew Welsch

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.

Two of the new advisors at the wirehouse came from rivals Merrill Lynch and Morgan Stanley.

The wirehouse executive speaks about the firm's approach to automation and why a larger advisor force is necessary to meet increasingly complex client needs.

Brian Hull, head of the firm's Client Advisory Group, tells On Wall Street that he's trying to make it easier for advisors to do business at the wirehouse.

"We have competitive advantages that none of these firms can duplicate," says Greg Fleming, president of Morgan Stanley Wealth Management.

"If I said I had worked for AT&T for 33 years, anybody would ask me, 'Well, when are you going to retire?' But our industry is unique. It's not like a utility company, where after 30 or 35 years, you're done," says Larry Palmer, an advisor at Morgan Stanley.

Ron Kruszewski talks with On Wall Street about Stifel’s recent acquisitions and why there has been some advisor attrition at Barclays' U.S. brokerage unit ahead of its acquisition by Stifel.

J.P. Morgan recruited a veteran advisor from Credit Suisse, which recently struck an exclusive recruiting deal allowing Wells Fargo to pick up the Swiss firm's U.S. advisors.

Edward Jones and four other firms were sanctioned by FINRA for overcharging some clients on mutual fund sales.

Tash Elwyn, the president of Raymond James & Associates, says the path to success lies in recognizing that "every advisor is unique, every client is unique and the delivery of advice should be unique."

The wirehouse said it recruited four advisors from rivals Merrill Lynch and Wells Fargo.