Andrew Welsch

The deal is the latest addition to the regional BD’s growing portfolio of M&A deals.

Noting how retirement saving has changed, the executive says the “responsibility we have for people’s savings is awesome.”

It’s another example of how impactful an update to broker standards of conduct could be.

Being an independent advisor isn’t for everyone.

The firm had sued a former $660 million team that moved in September to Stifel.

The advisors include the father, mother, daughter and son.

The bank’s effort to show that the advisors violated non-solicitation agreements was “far from persuasive, never mind conclusive,” the judge ruled.

The advisors also reject the wirehouse’s claims they violated non-solicitation agreements.

Dynasty, Raymond James and Stifel are among the biggest beneficiaries of recent advisor moves.

Robert Burns and Janet Nevins are the latest former wirehouse advisors to join the high-end brokerage unit.

The firm claims it is also missing important documents related to a large institutional client.

The advisors join the regional firm from Morgan Stanley and Wells Fargo.

An alphabet soup of confusing terminology is hindering clients and advisors from identifying portfolio opportunities.

The advisors say they violated no contracts and took no confidential client information when they resigned from the bank.

The regional BD has picked up 15 advisors this month alone.

The advisor allegedly sold $13 million worth of high-risk securities without disclosing that she earned commissions of up to 18%.

Women have long been under-represented among the brokerage ranks, says Elizabeth McCourt. She offers her insights as we continue the dialogue from our Recruiters Roundtable.

The move puts the Swiss bank more in sync with practices at regional brokerages.

Bank of America has plans to expand the self-directed platform’s reach even further.

This is the third such suit the bank has filed against former advisors in recent months.