Andrew Welsch

The firm picked up teams from Merrill Lynch and Wells Fargo.

The new hire previously generated $1.4 million in annual revenue, according to his new employer.

It seems that a long bull market in transition deals may be coming to an end.

Labor Secretary Alexander Acosta may have left a little wiggle room for future revisions.

There is "no principled legal basis" to do so, Labor Secretary Acosta says.

The group opted to join HighTower, which has added nine teams so far this year.

Purchaser B. Riley Financial will operate Wunderlich alongside its RIA and investment bank.

C.L. King & Associates argued it did not break any FINRA rules.

The move is the latest in a string of new hires at the regional brokerage firm.

The broker says the decision to switch firms was "an easy one."

The firm's latest hires joined from regional brokerage D.A. Davidson.

The broker who specializes in international clients joined Bolton Global Capital.

Led by a 33-year industry veteran, the group joins the regional firm from UBS.

The regional firm's latest hires come just a week after it hired a Morgan Stanley branch manager.

The recruit will be a producing branch manager and oversee 10 advisers, according to his new employer.

The recruit made the move a week after the independent firm recruited three other wirehouse teams managing more than $600 million.

"It's always nice when one poker player folds and it's down to two or three players," one recruiter says.

The wirehouse will offer commission-based retirement accounts under limited circumstances.

The new hires joined from UBS and Morgan Stanley, according to the firm.

Switching firms can be a herculean task, but independent firm Steward Partners furnishes ex-wirehouse advisors with teams of specialists to ease the process.