Morgan Stanley Wealth Management

Raymond James, RBC and Ameriprise were among the industry players to lure away talent from Merrill Lynch.

The duo launched a new independent practice with the firm's Investment Advisors Division.

The new recruit joins after the regional firm paid $150 million to settle a lawsuit brought by an SEC receiver.

The firm reported record revenues, net income and client assets for the first quarter.

At least 17 ex-wirehouse brokers bolted for the firm’s employee channel in the first quarter.

A look at starting payouts for elite wealth managers.

The elite brokerage unit picked up three veteran advisers, On Wall Street reports exclusively.

HighTower and Dynasty added big platform clients as wirehouse brokers continued to flee.

The executive, who oversees the investment bank and retail brokerage units, was paid $15.3 million in 2015.

A close look at what's driven the advisers at the top of this year's ranking.

The new hires joined the wirehouse from J.P. Morgan Securities, On Wall Street learns exclusively.

At least 16 advisers have shuttled between the wirehouse firms so far this year.

The ex-Morgan Stanley advisers say their niche practice, which is geared toward women and divorcees, will be better supported by Raymond James' platform.

The broker slashed her payment by pressing for funds she said the firm promised but never paid.

Morgan's latest hires oversaw about $575 million, On Wall Street learns exclusively.

Keith Rowling ranked No. 2 on the 2016 list of the industry's top young producers.

The independent firm has recruited a number of wirehouse brokers and grown to $3 billion in client assets, according to the company.

The six-member team serves ultrahigh-net-worth investors and families.

The group previously generated over $1 million in annual revenue.

Morgan Stanley is in “advanced discussions” with the IRS to resolve any client tax underpayments, according to an SEC filing.