Meanwhile the firm's newly reorganized wealth and asset management arm offered a couple of record numbers in an otherwise dark period for the megabank.

The wirehouse reported a record fourth-quarter growth of 8,500 net new households and said it planned to hire advisors at a 3-4% rate over the next five to 10 years.

The megabank set aside more than $1 billion in reserves as it confronts mixed economic signals and keeps adding more teams to its wealth ranks.

Falling stock values pushed down client assets, even as the smaller base of brokers took in a higher amount of incoming holdings than a year ago at this time.

Revenue, users and accounts are up for the tech firm. But company leaders are already thinking about the future.

The RIA aggregator tacked on an additional $21 million in annual revenue through just two of the transactions.

The announcement, higher wealth profits due to rising interest rates and record recruited client assets ushered the tax-focused firm into its latest phase of change.

Despite a 21% fall in profits, the Saint Louis-based brokerage pulled in new advisors in both employee and independent channels as its wealth revenue continues to climb.

The behemoth wealth firm said it recently brought in its largest recruited groups ever, a strategy that paid off as it contributed to record net revenue for the third quarter.

The firm is also trying to upgrade its services for advisors through new digital chatting tools to get in touch with the corporate office without any phone calls.

Higher interest rates pushed up profits as the company revealed the timing for completion of the massive $2.5-billion integration of its 2020 acquisition.

The brokerage added more than 200 independent financial advisors for the second quarter in a row while driving up the productivity of its existing ranks.

The Swiss bank grew its U.S. advisors by 2% in the third quarter,

Long known for its investment banking and trading operations, the Wall Street bank is focusing on its wealth unit and tech ambitions.

The wealth unit of Bank of America reported record revenue in the third quarter and said it was holding onto clients whose advisors had left the firm.

Despite a difficult quarter for wealth management, BNY Mellon is celebrating the launch of its crypto custody services and the future of Pershing X.

The influx during a challenging quarter displays how the wirehouse's three channels are starting to work together in tandem, CEO James Gorman says.

Despite losing more than 500 brokers from its headcount in the third quarter, the wirehouse sees strong recruiting momentum in its pipeline.

CEO Jamie Dimon drove the headlines with predictions about the "kind of odd" economy. Meanwhile, the firm's wealth units quietly added hundreds of recruits.

Find all of the figures from Financial Planning's latest annual study of brokerages whose financial advisors aren't employees of the firms.