Andrew Welsch

The four advisers had spent their entire careers at Merrill before making the switch.

"Everything people thought was cool in 2014 is table stakes in 2017," said Kendra Thompson, head of Accenture’s global wealth management practice.

The latest hires join the regional firm from Wells Fargo and RBC.

Wealthy clients are demanding more services and help planning their lives, the regional firm says.

The new comp plan for its employee channel advisers goes into effect in September.

His move is also something of a reunion, as Steward Partners CEO Jim Gold once served as his manager at Smith Barney.

Two large RIAs cut ties with HighTower but new hires include a branding strategist who created Jim Cramer's 'Mad Money.'

The advisers once oversaw approximately $750 million in client assets, according to Barron's.

The move comes the same week that the SEC said it would try to coordinate with the Labor Department on the regulation.

The new hires joined the regional firm from AllianceBernstein.

The new hires generated almost $2 million in annual revenue, according to the regional firm.

The boutique firm is looking to expand to new markets, says Ryan DeVore, the firm's head of Private Client Advisors.

The group joined the regional broker-dealer from Morgan Stanley.

They play a critical role in recruiting and supporting advisers. See who made the cut for this year's honoree list.

The regional firm has been trying to recruit more advisers, particularly those from wirehouses.

The new recruits, who previously worked at Wells Fargo Advisors and Janney Montgomery Scott, also pointed to the firm's affiliation with Raymond James in making the move.

New firm FallLine Securities caters exclusively to advisers serving ultrawealthy clients.

The wirehouse said recently it plans to stop recruiting experienced advisers, but made an exception if talks with recruits started before June 1.

Approximately $4,500 was used to sponsor a cricket club via a shell company, authorities say.

The cases stem from the investment advice given by a now barred broker, who is accused of soliciting funds for a Miami Beach nightclub he owned.