Merrill Lynch

Robert Burns and Janet Nevins are the latest former wirehouse advisors to join the high-end brokerage unit.

The regional broker-dealer’s head count jumped up to 1,824 in the third quarter.

On Wall Street annually honors the work of the industry's elite leaders.

This is the first move of Joseph Chu’s financial career, but it’s not the wirehouse’s first big loss this year.

The advisors agreed not to solicit clients and to return confidential information to the bank.

The firm announced last week that it would reinstate traditional brokerage for retirement accounts in October, giving new life to the conflicts it had eliminated.

See which industry leaders made the cut for this year's list.

The policy had been under review after a federal appeals court vacated the fiduciary rule earlier this year.

The two advisors have already transferred about $160 million in client assets, according to their former employer.

The client relationship manager is now on a leave of absence, according to Merrill.

Merrill Lynch’s head count isn’t suffering, but some regional BDs have grown by thousands in the past five years.

The firm "deprived its clients of unbiased financial advice," the regulator says.

Jamie Dimon and Lloyd Blankfein remain prominent public figures, but many other crisis-era CEOs have kept low profiles over the past decade.

Jean McCrave Baxter claims colleagues made sexual jokes and she was denied advancement opportunities afforded to male co-workers.

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.