Merrill Lynch

The dispute pits four advisors against big Wall Street names: Wells Fargo, Morgan Stanley, Raymond James and Merrill Lynch.

One of the firm's two new executives is a wirehouse veteran who started her career at Merrill Lynch in 1990.

It will host public forums in nearly two dozen cities over the next 16 months.

The regional firm has opened five new branches and hired at least 73 advisors year-to-date.

Six of the top 10 advisor recruits — managing roughly $13.2 billion in client assets — have walked out of the wirehouse so far this year.

These mega brokers managed $18 billion in assets at their previous firms.

Wirehouse policy changes are bearing fruit and leaving advisor career options in flux.

To convince advisors to try its platform, Capitect took a number of steps, including partnering with XY Planning Network to provide its tools to members without cost.

The recruits oversaw more than $200 million in client assets.

Jim Senderling and John Robbie had been with Merrill Lynch for 27 and 25 years, respectively.