Industry

Arthur Tambaro thought his career was over just a year ago. But his latest move makes sense in his career path, he says.

Citi Private Wealth advisor Bernard Reina used to be reluctant to join a team, but after his hand was forced he's now a major advocate.

Retail advice revenue accounted for roughly two-thirds of RCS's total full-year revenue of $2.8 billion, but the company's 2014 loss was almost 100 times greater than in 2013.

John Stanton Verble is suing Morgan after he says he was fired for helping federal authorities investigate one of the firm's clients.

The two new hires managed about $210 million in client assets while at Morgan Stanley.

As expenses get harder to tighten and net interest income remains strained, fee income becomes more important for banks.

The deal boosts Stifel's advisor force by one-third to about 2,800 advisors -- and readies the firm to grow its business in the independent channel.

Three former Ameriprise advisors will sign on with the employee advisory channel at Raymond James.

The former wirehouse group is larger than Dynasty's biggest recruiting grab in 2014.

Stifel CEO Ronald Kruszewski wants to be an advice leader, and acquiring Sterne Agee may get him there, potentially lifting the firm's total advisor headcount to 2,800.