Andrew Welsch

The firm has lost more than 1,100 advisors since a phony accounts scandal came to light in 2016.

The firm’s newest recruits come from Merrill Lynch and Wells Fargo.

This is the first career move by Angie Messer and Greg Rust, who worked at the regional BD for 10 and 27 years, respectively.

The clients say their advisor improperly invested their funds in a Miami Beach nightclub that failed.

A months-long court fight ended when a judge granted the wirehouse’s request to restrict the advisors’ ability to contact clients.

The regulator accuses her of misconduct; she says the agency is doing Morgan Stanley’s bidding.

The alleged supervisory lapses occurred over a five-year period, according to the regulator.

The advisors joined the firm’s employee and independent broker-dealer units.

The new hires came at the expense of Merrill Lynch, Morgan Stanley, UBS and Hilliard Lyons.

The following 17 teams oversaw about $75 billion in assets. The firms ending the year with prize recruits include a diverse cast: regional BDs, wirehouses, boutiques and RIAs.

The wirehouse has experienced rapid growth in advisor productivity, executives say.

Evan Guido is looking to partner more closely with CPAs.

It’s another high-profile addition for the firm led by ex-Morgan Stanley executive Greg Fleming.

Jason Chandler will oversee the firm’s roughly 6,900 advisors.

It’s easy to identify, but hard to accomplish.

Demand for advice is exceeding capacity as about 150,000 prospective clients have reached out to the firm this year alone, Ric Edelman says.

The regional firm launched its seventh new office this year.

The firm is changing course in response to a shifting regulatory landscape and advisor feedback.

Acquisitions in wealth management have proven tricky in recent years.

The deal could grow Baird’s headcount by about 44%.