Ameriprise

The wirehouses have lost teams overseeing more than $12 billion in client assets over the past month, according to recent hiring announcements.

The firm continues to expand in South Florida by adding a primarily fee-based advisor.

The partners took a different path than most in launching their own franchise practice.

CEO Jim Cracchiolo reported record client assets and a sharpened focus under the fiduciary rule.

The regional firm picks up six advisors, including a father and a son.

The father of the $141 million team worked for Raymond James for 12 years.

Independent and regional firms have been maintaining strong appeal with new recruits.

The firm and fellow regionals continue to take advantage of hiring cutbacks at wirehouses.

Three quarters of the firm’s 57 new recruits have come from the largest firms.

Smaller brokerages are benefiting in big ways from cutbacks at three of the four largest firms.