Merrill Lynch

The new hires join the wirehouse from rivals Morgan Stanley and Merrill Lynch.

27 firms have signed on to the standard, but state regulators and industry groups are pushing for more.

RBC has been on a recruiting tear, adding more advisors in the first half of 2017 than all of 2016.

Thomas Fickinger managed over 1,350 advisors generating $1.5 billion in revenue in 2016.

The firm, which has faced racial discrimination allegations, is trying an alternative approach suggested by a professor at Harvard.

Regional brokerages and firms that assist breakaway advisors have been picking off top talent at the wirehouses.

The regional broker-dealer added four new advisors to the 32 recruits picked up this year alone.

One advisor says the fiduciary rule prompted the latest wirehouse exit to an RIA.

The independent firm was founded by two former Merrill Lynch advisors in 2012.

Which banks are advisors moving to? One recently jumped to Woodforest National Bank from Merrill Lynch. Eight others switched to Arvest Bank, Northern Trust, Union Bank, U.S. Bank and Wilmington Trust from myriad financial services firms.