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Founders of IHT Management hope to create a wirehouse-like alternative to lure other advisors.

J.P. Morgan enticed advisors from competitors, including Morgan Stanley, Merrill Lynch and Wells Fargo, in a half dozen markets to fuel its nationwide expansion of wealth management.

Wells Fargo recruited advisors managing more than $1 billion in assets from its rivals. Meanwhile St. Louis-based Benjamin Edwards lured away 10 advisors from Wells. But both firms weren't the only ones recruiting top talent. See these and other moves, hires and promotions in the latest advisors on the move slideshow.

U.S equity fund assets are near record levels, but in a reversal of last year’s trend, investors are putting more money into bond funds than U.S. stock funds.

As part of its FP50 special report, Financial Planning tracks the breakdown between fee and commission revenue. Here are the IBDs with the highest percentage of fee revenue.

As part of its FP50 special report, Financial Planning tracks the breakdown between fee and commission revenue. Here are the IBDs with the highest percentage of fee revenue.

The deal creates a new powerhouse wealth management firm, consolidating approximately $9 billion in assets from both Banyan and Boston Private Bank & Trust.

The Asset Management Group generated $362 million in second-quarter revenue, up 6% year-over-year, the bank announced Wednesday.

What banks are advisors moving to? Fifteen recently switched to BNY Mellon, U.S. Bank and Webster Private Bank. Two joined from a wirehouse.