Andrew Welsch

"He confessed that he had never invested my money. ... He had been lying to me all along," alleges a relative of the ex-advisor named in an SEC complaint.

A FINRA arbitration panel found Morgan Stanley liable for "causing humiliation" when terminating an advisor's employment at the wirehouse.

Merrill Lynch lost a group of advisors managing $535 million in assets to Raymond James & Associates.

UBS sought damages for breach of employment contract; an ex-UBS advisor countered that he brought in $20 million in net new assets.

A Merrill Lynch advisor has left the wirehouse to join UBS Private Wealth Management.

Financial advisors say they want more help developing better practices. Asset management firms are answering the call.

A Morgan Stanley branch manager left the wirehouse to join Raymond James & Associates and help with the firm's expansion plans.

A FINRA arbitration panel ordered an ex-Merrill Lynch advisor to pay his former employer more than $400,000 in damages.

The wirehouse said it scooped up two advisors from rivals Raymond James and J.P. Morgan.

Two advisors have left J.P. Morgan Private Bank to join Barclays' wealth management division in Palm Beach, Fla.

Raymond James & Associates lured away one advisor who generated $2 million in production.

RBC Wealth Management-U.S. grabbed a trio of financial advisors generating $1.8 million in annual revenue from Oppenheimer & Co.

Raymond James & Associates has recruited financial advisors from RBC and TD Ameritrade, including one with $100 million in AUM.

Regulators say clearing firm noticed an “irregularity;” SEC says thefts occurred over a 10-year period.

Janet Robinson is the first woman to join the 8-member board of the independent firm founded by wirehouse managers and affiliated with Raymond James Financial Services.

Worries about a tidal wave of retiring advisors may be overblown, say some wealth management executives.

SEC Chair Mary Jo White declined to specify her position on the coming fiduciary standard rule or when the regulator may issue it.

RBC enticed away a Merrill Lynch team managing $103 million in assets.

Frank Campanale, CEO of Lebenthal Wealth Advisors and a former executive at Smith Barney, spells out the key elements in firm's growth plans and recruiting strategy: brand, equity stakes and passion.

Washington Wealth Management lured away an advisor managing $100 million in assets and who had been at the wirehouse for three decades.