Baird

The case stems from Raymond James' recruitment of the $2.8 billion Wise Advisor Group from Baird, which also landed a penalty for a broker protocol violation.

As many firms struggle to retain younger advisors, here's what one firm is doing to solve for succession problems down the road.

The Milwaukee-based broker charged over 4,600 clients a minimum $100 fee, plus a handling fee, on small transactions; "not fair and reasonable," FINRA said.

A major recruiting move and a large acquisition reflect a marketplace that experts say hasn’t been negatively affected by volatility, inflation or rising interest rates.

The expanding employee channel firm aims to support practice recruiting efforts and help usher in the next generation of advisors.

The brokers collectively generated more than $88 million in annual revenue while overseeing nearly $15 billion in assets under management.

At an average age of 37, the top-producing brokers operate in 18 different states, plus the District of Columbia and Guam.

With employees working remotely, firms may need to adapt their procedures to deal with heightened fraud risks outside of company systems.

The hires hail from Morgan Stanley and Wells Fargo.

There are important distinctions between 2020 and that meltdown 10 years ago, writes John Taft.