Industry

Headcount at the fast-growing firm was up 327 year-over-year.

Fees in 401(k) plan slammed as grossly excessive; investment options as imprudent.

The wirehouse has faced a difficult business environment so far this year, and additional headwinds may be coming during the second half of 2016, top executives say.

The recruit spent two years researching the move before deciding to leave the wirehouse.

Several of the largest moves this year show top talent is looking beyond traditional choices.

Several big banks are getting into the business, mostly by forming partnerships with fintech companies. Smaller banks are expected to soon follow suit.

In his new position, Roman will replace Douglas Hodge, who presided over a tumultuous time that included the departure of Bill Gross and a plunge in assets at the firm.

Kirstin Turner, RBC’s only female complex director, seeks to instill pride and comradery at the office, while volunteering in her community.

The asset manager co-founded by Bill Gross has suffered internal turmoil since his departure in 2014.

The executive has added 15 new advisers this year and plans to add 15 more by the end of 2016, bringing the total broker force to 130.