Andrew Welsch

The acquisition of IPI will add about $8 billion to the independent broker-dealer.

The group consists of two advisers who generated $2.7 million in annual production, according to RBC.

The broker is the latest to leave the wirehouse, which recently reported its headcount fell by 145 advisers.

A look at starting payouts for wealth managers under 2017 compensation plans.

Where can a wealth manager max out his or her pay? We take a look at starting payouts under 2017 comp plans.

Some brokers who recently left the wirehouse cited differences over its policy to cease offering commission-based retirement accounts.

A comparison of starting payouts under this year's compensation plans.

The wirehouse's executives think they've struck on the right formula to boost growth through a simplified comp plan, greater autonomy and an attractive retirement package.

A look at starting payouts for elite wealth managers.

The settlement is the third major regulatory payment the BD has incurred in the past year. A branch manager associated with the Jay Peak case has also left the firm.

Net income and client assets grew even as the firms' headcount continued its steady decline.

The moves are intended to boost the firm's capital markets abilities in a changing interest rate environment.

The elite brokerage unit picked up three veteran advisers, On Wall Street reports exclusively.

A team joined the wirehouse from Wells Fargo Private Bank.

The boutique wealth management firm picked up three industry veterans from two smaller rivals.

The wirehouse aims to grow its adviser ranks in a potential bid to surpass its larger rival Morgan Stanley, according to Andy Sieg, head of Merrill Lynch.

One brokerage executive likens the situation to changing the rules of a football game after the teams are already on the field.

The firm's latest hire is an industry veteran of more than two decades.

The firm's latest hire has nearly three decades of industry experience.

The Labor Department will now conduct a review with an eye toward amending or rescinding it.