Hightower

David Bahnsen told the president that that Milken’s prosecution was a result of “a period of class envy run amok.”

The loss comes even as the firm has been acquiring new breakaway teams and RIAs.

The move is HighTower's 22nd transaction this year ― making 2017 the firm's busiest year ever.

The Northeast prevails, but there's a surprise in the rankings revealed by this interactive infographic.

"At least 50% of our assets are three generations or more," explains Bob White of HighTower.

"I probably spent the first three years in the business not opening my mouth with clients and just learning from him," says J.R. Gondeck of HighTower.

Michael LaMena's exit continues the management shake-up at the Chicago-based RIA.

Former AMG executives buy stake in three regional wealth managers for use as aggregation vehicles.

The firm isn't the only one benefiting from a still strong breakaway movement.

Two large RIAs cut ties with HighTower but new hires include a branding strategist who created Jim Cramer's 'Mad Money.'

The group opted to join HighTower, which has added nine teams so far this year.

"It's always nice when one poker player folds and it's down to two or three players," one recruiter says.

Sales of smaller firms dominated transactions and banks re-emerged as buyers during the first quarter.

The platform provider will now offer to buy a percentage of an advisory firm's revenue.

UBS and Merrill lose four advisers in HighTower's seventh deal of the year.

The RIA's parent company is set to buy a very large adviser aggregator. If completed, it would be the biggest transaction of the year.

HighTower and Dynasty added big platform clients as wirehouse brokers continued to flee.

The RIA is negotiating to buy a portion of Wealth Trust. It may also be facing the loss of a second top executive.

A close look at what's driven the advisers at the top of this year's ranking.

The advisers oversaw nearly $900 million in combined AUM, and moved to Morgan Stanley, Raymond James and HighTower.