Career moves

The departure comes two months after Deutsche Bank agreed to sell its U.S. Private Client Services unit to Raymond James.

Attracting and retaining the best people is just one of the vital roles played by HR, says LPL’s Sallie Larsen.

The advisors left Credit Suisse, passing on an offer to join rival firm Wells Fargo.

It was the first major executive shake-up at the wirehouse since President Greg Fleming quit.

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.

Two veteran wirehouse advisors joined the independent firm Stratos Wealth Partners, an independent firm affiliated with LPL.

Michael Kitces, who helped launch XY Planning Network, says he wouldn't be surprised if the market evolved to include hundreds of similar groups of young planners serving young clients. "We have 200 advisors and there are 80 million millennials."

You must keep a clean record because longevity and productivity no longer provide immunity from compliance problems, even for top talent, a leading recruiting expert says.

The brokerage firm, which has been hit with millions in regulatory fines in recent years, lost another 91 FAs.

To attract and keep successful clients, advisors need to be transparent about fees. Here’s how one advisor navigates those touchy conversations.