Andrew Welsch

Wells Fargo said that third quarter net income for its wealth management division rose 22% year-over-year.

A Morgan Stanley advisor duo with $213 million in AUM has left the wirehouse to join RBC Wealth Management.

Deutsche Asset & Wealth Management hired a new regional executive from J.P. Morgan.

A UBS advisor managing $108 million in assets has left the wirehouse to join rival firm Merrill Lynch.

An advisor team with $400 million in client assets has left Wells Fargo to go independent with the help of Dynasty Financial Partners.

Raymond James & Associates recruited a wirehouse advisor who generated over $1 million in revenue, managing more than $120 million in assets.

Morgan Stanley picked up five advisors managing more than $650 million in combined assets from its rivals, according to a spokesperson for the wirehouse.

Wunderlich Securities is growing, picking up Dominick & Dominick, a New York-based brokerage firm with a long history on Wall Street.

D.A. Davidson Companies announced that Jim Kerr would replace Bill Johnstone as CEO effective January 2015.

A wirehouse advisor team managing about $400 million in assets has left UBS to join Snowden Lane Partners, an independent firm.

Four Wells Fargo advisors have left the wirehouse to join Benjamin Edwards, opening the regional broker-dealer's 49th office.

Wealth management firms look to grow the bottom line out West. "Everybody is trying to get bigger in the marketplace. And those who aren't present here want to enhance their presence," says Bill Willis, a Los Angeles-based recruiter.

Janney Montgomery Scott replaces wealth management products chief David Penn, as he steps down to become a financial advisor.

A Merrill Lynch advisor managing $230 million in assets has left the wirehouse to join RBC Wealth Management.

Wirehouse advisors managing more than $1.1 billion in assets have moved over to Wells Fargo.

In a two-week period, Ameriprise has recruited five advisors managing more than $600 million.

Deutsche Asset & Wealth Management recruited a private banker and managing director from J.P. Morgan to open a new office in Dallas.

Baird picked up a branch manager from Wells Fargo and a regional advisor managing about $150 million in assets.

Morgan Stanley landed an advisor team managing $1.1 billion in assets.

Regional broker-dealer Janney Montgomery Scott recruited an advisor who managed $115 million in assets and generated about $1.3 million in annual revenue.