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Seth Waugh, former CEO of Deutsche Bank Americas, will be appointed non-executive chairman.

Merrill Lynch's John Thiel was pleased the new regulation addresses several "practical concerns" made during the comment period.

The duo oversaw $700M in client assets before joining the wirehouse as part of a unit working with clients from Latin America.

The team, comprised of three veteran advisors, generated about $11 million in annual revenue.

Young advisors and other newbies in the industry may want to consider the succession route for success in wealth management.

Firms are offering lucrative packages for top producers. Here's what On Wall Street's annual recruiters panel has to say about landing the best offers.

The wirehouse landed another recruit, who had about $500 million in client assets, from its deal to hire Credit Suisse advisors who specialize in Latin American clients.

The small producer is being squeezed out by the industry's focus on bigger profits and larger accounts.

The wirehouse is in the process of enticing over about three dozen Credit Suisse advisors who collectively generate more than $125 million in revenue, according to a person familiar with the matter.