Andrew Welsch

It’s the sixth time so far this year that former Credit Suisse advisors have won damages against the firm.

The wirehouse brought on 10 advisors from several rivals.

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The wirehouse is also simplifying its small household policy and boosting its emphasis on financial plans.

The firm also opened a new branch office to house its recruits.

By signing a deal with iCapital Network, the regional brokerage aims to provide clients "a more comprehensive set of solutions."

The firm has picked up 19 advisors and opened six offices this year.

The new hires came at the expense of Merrill Lynch and Wells Fargo.

The regional BD has been picking off talent from its largest wirehouse rivals on its recent hiring streak.

The wirehouse is making changes ahead of an expected wave of baby boomer departures.

As the college savings vehicle grows in popularity, regulator up scrutiny of brokerages’ recommendations to clients.

The advisors opened Stifel's 17th new branch office this year.

The changes follow the firm’s recent move to cut some client fees on separately managed accounts.

Two dozen advisors left the wirehouse in recent months to join the regional BD.

When an unusual recruiting deal between Credit Suisse and Wells Fargo went awry, years of broker frustration, severe attrition and litigation followed. Also at stake: Up to $245 million in back pay.

The expansion is intended to free advisors to spend more time on client-facing tasks, executives say.

“I can’t remember seeing so many $5 million to $10 million [advisors] in the pipeline,” CEO Paul Reilly said.

The policy shift affects the wirehouse’s separately managed accounts.

The firm added its 16th office this year, part of its bid to attract talent from rival firms.

Advisors are not "non-for-profits,” CEO James Gorman said.