Janney

One of the biggest notable losses came from Merrill Lynch, which lost a team managing $1 billion to the independent space.

The regional broker-dealer is gearing up for another big recruiting year in 2018.

Planners looking for fewer restrictions and regulation are steadily leaving wirehouses.

One recruiter argues the firm is losing talent because it will eventually exit the Broker Protocol.

The move is the latest in trend of advisors leaving wirehouses for smaller firms.

The seven new hires joined both the independent and employee channels.

The beleaguered wirehouse has suffered from advisor attrition this year.

The regional firm pulled its latest hires from Wells Fargo and Merrill Lynch.

Morgan Stanley alone lost 11 teams managing about $7 billion after its abrupt exit from the protocol pact, according to recent hiring announcements.

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