Industry

Jim Rourke and Michael Liu will serve as co-heads of private client partnership development, linking Bank of America's investment bank, Merrill and the firm's private bank.

UBS, Morgan Stanley, Ameriprise, Bank of America and Cetera were all on the losing end of some of the biggest recruiting deals this week.

Within days of a colleague's retirement and having been introduced as their new advisor, Corbin Hoffner left for Raymond James.

The number of certified financial planners reflects competition for talent and a profession navigating questions about conflicts of interest.

The groups managing hundreds of millions are coming over from Merrill, Northwestern Mutual and Wells Fargo.

Professional athletes, who may have struggled financially for years, often suddenly come into large sums of money once they achieve their dreams. That's where a financial advisor can help — especially one who is a former athlete.

The private equity-backed firm's acquisition of Levy Wealth, with its more than $1 billion under management, falls in line with the trends driving industry consolidation.

The giants of the channel grabbed most of the spots in the rankings, but some of their smaller or midsize rivals are also expanding quickly.

LPL presses forward with deals that have made it one of the fastest-growing firms in recent years.

Industry groups see the new AML requirements as unnecessarily redundant and burdensome on small firms.