Industry

Credit Suisse's losses include a three-member team that generated $7.2 million in annual revenue, which joined UBS.

Morgan Stanley's move to push more cases to an arbitration system of its choosing tilts the playing field against advisors and curtails their rights, opponents say.

The Canadian-owned firm won't rule out a potential acquisition of a digital advice provider. "Everything you can imagine is on the table and actively being explored," John Taft, head of the firm's U.S. brokerage operations, tells On Wall Street exclusively.

Planner Brittney Castro takes an unorthodox route to prospecting young clients and if you don't like it, she's like, you know, cool with that.

The move was driven by "a desire to grow," says D.B. Root chief executive David Root.

Bijan Mohseni and David Townsend, who managed $150 million in client assets, enticed to Raymond James by firm's reputation and its back-office support.

John Brynjolfsson, the chief investment officer of Armored Wolf, said he is closing the money management firm to outside investors and converting it into a family office.

A recruit from M.J. Whitman heads to the regional broker's employee channel.

The bank's wealth management group is gearing up for more business in Nevada now that it has the ability to deliver trust services in the state.

A longtime wirehouse advisor with $48 million in AUM has joined regional broker-dealer Wunderlich.