Andrew Welsch

Regulators penalized both the independent and employee channels of Wells Fargo for failing to properly screen over 200,000 customer accounts.

Raymond James' independent broker dealer lured away two advisors producing $1.85 million from Morgan Stanley.

Wells Fargo Advisors is increasing several advisor bonus awards, while its core payout grid will remain unchanged next year.

An advisor joined BB&T Scott & Stringfellow to become the firm's latest wirehouse recruit.

Raymond James & Associates lured away a wirehouse team with $116 million in AUM.

The wirehouse named former football pro and advisor William Thomas to head the firm's San Francisco complex.

The National Adjudicatory Council upheld an earlier ruling finding Wedbush liable for failure to file accurate and on-time reports of customer complaints and broker registrations.

Big producers continued to strike out on their own in 2014. See the year's biggest breakaways.

A Wells Fargo team left the wirehouse to join Raymond James & Associates.

UBS advisors with growing practices may earn more money in 2015.

An advisor managing $181 million in assets left Morgan Stanley for the Swiss firm.

Merrill Lynch compensation remains mostly the same next year, with some tweaks to smaller accounts.

Lebenthal picked up an RIA that oversees $250 million in assets, as well as a team of two advisors in New York.

Mega teams spend months, sometimes years, in the effort to find a new home and transition their oversized books.

This year saw a number of mega teams with outsized AUMs switching firms. Here are the biggest recruiting moves of 2014.

Raymond James & Associates recruited an advisor managing more than $191 million in assets from regional rival Stifel.

The wirehouse brought over five advisors from UBS and Citi Personal Wealth Management.

The team, known as Madison Street Financial Group, generated $3.5 million in annual revenue.

HighTower recruited a Merrill Lynch advisor to join a group that broke away from the wirehouse earlier this year.

An advisor team generating $6.7 million in annual revenue has left J.P. Morgan Securities for Raymond James & Associates.