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The regional BD has approximately 1,800 advisors.

Sarah Arvin, chief marketing officer at Urjanet

The advisors are the latest in a string to jump from a wirehouse to a regional BD.

The IBD network has an inside edge for ensuring advisors are ready if equities suffer a sustained fall, according to its president, Adam Antoniades.

More money has been pulled from hedge funds than added over the past four quarters, while ETFs reeled in $312 billion last year.

Brett Cotler is an associate in the Taxation Group at the law firm Seward & Kissel LLP. He advises investment funds, their managers, high net worth individuals and public and private companies on U.S. federal income tax matters, including partnership, corporate and international tax matters. He advises on business transactions, securities offerings, structured finance, and joint ventures from a tax perspective. He can be followed on LinkedIn and reached at cotler@sewkis.com.

Across Wall Street, questions are flying about how the wirehouse has handled the biggest U.S. IPO of the past five years.

The SEC has just approved an ETF with negative fees — a sign that fund managers need to continue adjusting to their straitened circumstances.

The actively managed vehicle will invest in about 100 companies.

An AQR executive just sketched a blueprint for traders seeking to hitch a high-octane ride on the global credit cycle.