Janney

Six of the new recruits broke away from Merrill Lynch.

The wirehouse loses four more advisors to the regional BD.

The regional BD adds two teams with $373 million in assets.

Janney, RBC and Edward Jones are three firms that have modified how they deliver coaching and training to advisors.

The firm has brought on 200 advisors since 2015.

Three of the four new hires have more than 20 years of industry experience.

The deal will give Janney greater access to the community banking sector.

The new hires come at the expense of Merrill Lynch and Wells Fargo Advisors.

The regional BD’s new advisors managed a total of $225 million in assets at Wells Fargo and Merrill Lynch.

It’s the latest losses for the wirehouse, which has suffered from advisor attrition.