Andrew Welsch

Two UBS advisors left the Swiss-owned wirehouse to rejoin Merrill Lynch.

Though the firm's revenue growth was tepid, the advisor ranks at the wirehouse expanded by 187 advisors, according to Bank of America which reported second quarter earnings for its wealth management unit.

Only 22% of affluent investors say they are familiar with what a robo advisor is, according to a new poll.

After announcing 11% growth in net income for the wirehouse's brokerage unit, Wells Fargo executives told analysts that they are thinking of launching a robo advisor.

Barclays lost another team, this time to Morgan Stanley, while its deal to sell its U.S. wealth management operations to Stifel is pending.

The wirehouse rolled out a new advertising campaign aiming to bolster its image in the eyes of clients as a goals-based wealth management firm.

Taking on the clients from a retiring advisor can be a huge boost for business – but successfully doing so is a difficult and time-consuming process.

Paul Reilly calls for more cooperation between regulators and the industry.

Adding a young advisor can boost business, but integrating a newcomer into a practice takes patience.

Tash Elwyn, president of Raymond James & Associates, says recent recruiting milestones have "triggered a number of inquiries" from advisors thinking of making a move.

The super regional is keeping its focus on an advisor-centric model, says the firm's president Tash Elwyn.

The moves represent another blow to Barclays, which lost five advisors in advance of a pending deal to sell its U.S. wealth management operations to Stifel.

Two advisors go independent with Raymond James, looking to structure their practice without wirehouse limitations.

The brokerage firms failed to waive mutual fund sales charges for certain charitable and retirement accounts, FINRA says.

Financial planners are looking for better valuations in developed economies overseas.

Advisors aren't so happy this year, in particular due to changes in comp plans and subpar leadership, according to the new J.D. Power study.

"If we don't grow, then we abdicate that opportunity to our competition," says James Weddle, managing partner of Edward Jones, which hopes to surpass Morgan Stanley as the industry's largest brokerage by headcount.

Two veteran advisors went independent with Dynasty, dwarfing the firm's previous recruits.

Merrill Lynch lured back three advisors after seven years with rival UBS.

Leaving the wirehouses for independence can be worth it, but be prepared for the unexpected, advisors say.