Merrill Lynch

The milestone cements the dominance achieved by large institutions in the online space.

Brokerages have broken ranks in recent weeks over whether to facilitate clients’ bets on bitcoin amid widespread concern that it’s a bubble or that the cryptocurrency’s price is potentially susceptible to manipulation.

Wells Fargo, Merrill Lynch, UBS and Morgan Stanley all lost talent in 2017.

The group, which oversaw approximately $300 million in client assets, joined the firm's independent broker-dealer.

The firm has been driving its expansion, pulling in talent from its competition.

Concerned about the wirehouse's "trajectory," Glen D. Smith sought out a business model his kids could join one day.

Stifel says the fact that it owns a bank — instead of being owned by one — is a big appeal in recruiting.

Nearly two dozen mega teams switched employers, but few went to a wirehouse.

Morgan Stanley and UBS's exit from the accord spurred a number of advisors to move up their planned career changes.

The brokerage says its Access Investing service is now available to clients with at least $5,000 to invest.