Merrill Lynch

Sabina McCarthy's career at the wirehouse has involved maintaining close relationships for the long haul.

The new recruits come from from Merrill Lynch, Cetera and SagePoint Financial.

Two are coming back to Mother Merrill, having worked there in the 1990s.

The boutique firm focuses on ultrahigh-net-worth entrepreneurs worldwide.

The recruit also previously worked for Morgan Stanley, Merrill Lynch and RBC.

Plus, Wells Fargo hires a $700M team from J.P. Morgan Private Bank and helps a $587M Morgan Stanley team go independent.

A settlement with Bank of America covers 270 employees who were terminated following the wealth management firm's 2008 acquisition.

The regional brokerage is the latest to incur a penalty for failing to waive fees on Class A shares sold to eligible institutional clients.

The regional firm's new recruits have experience in designing corporate equity compensation plans.

Competing in his first triathlon helped John Pierce discover the direction he needed to succeed in wealth management.