Andrew Welsch

A UBS advisor team managing $430 million in assets has left the wirehouse to join regional broker-dealer First Kentucky Securities.

FINRA fined Merrill Lynch $8 million and ordered the firm to repay $24.4 million to retirement accounts and charities for allegedly overcharging for mutual fund fees.

A former UBS Advisor with more than $130 million in assets and $1.2 million in annual production made a move to RBC Wealth Management-U.S.

RBC Wealth Management-U.S. has recruited a former Morgan Stanley executive director to help with the firm's growth plans.

U.S. Capital Advisors, a small regional firm in Texas, has recruited five former UBS and J.P. Morgan advisors who managed more than $500 million in combined client assets.

Merrill Lynch lured away two advisors from Barclays Capital, where they managed a combined $285 million in assets.

Deutsche Asset & Wealth Management, in partnership with CAIA, will now require its employees in its retail distribution arm to enroll in CAIA's fundamentals of alternative investment certification program.

A former Merrill Lynch executive has joined Focus Financial Partners to co-head a program that helps wirehouse advisors go independent.

Regional wealth manager D.A. Davidson is launching a new training program aimed at bringing recent college graduates into the financial advisor profession.

Steward Partners has recruited an independent team formerly with Morgan Stanley. The team managed about $120 million in assets while at RPG Family Wealth Advisory.

On Wall Street unveils the top ten branch managers of the year.

Across the industry, branch management faces increasing demands and fewer resources to mentor and recruit advsiors. Firms like Wells Fargo, Raymond James and Merrill Lynch are taking steps to provide relief.

Tommy Boyd started his practice in 1984 in Selma, Ala. Three decades later Boyd is working with multiple generations of clients across several states.

UBS Wealth Management Americas, an arm of Switzerland's largest bank, has joined the growing list of lenders in the United States gunning for mortgage volume through the wealth management channel.

A former Merrill Lynch advisor team has left the wirehouse to form Quadrant Private Wealth, a new partner firm of Focus Financial Partners, according to a spokesperson.

Raymond James & Associates lured away an advisor team from Wells Fargo Advisors that generated annual revenue of about $2 million.

UBS grabbed a former Merrill Lynch advisor who managed $500 million in client assets.

Benjamin F. Edwards snapped up four advisors from Wells Fargo and opened a new office in Pensacola, Fla.

Two Merrill Lynch veterans who generated about $1.6 million have left the wirehouse for Raymond James & Associates.

UBS is shaking up its wealth management executive ranks, bringing in Paul Hatch as group managing director, in a move that the brass says will better serve advisors and clients.