Raymond James Financial

Raymond James, Janney, Ameriprise and Stifel are all racking up impressive hires from the wirehouses.

The largest firms’ combined VA and FA revenues hit a three-year low in 2017, but the products still make up a significant portion of their businesses.

Already an aggressive recruiter, the firm upped its advisor head count by 115 during the recent quarter.

The firm achieved a record 7,719 independent and employee advisors in the second quarter.

Firms are doubling down on efforts to boost the ranks of women advisors.

John and Cary Kortze opened Steward Partners' 16th branch office.

The firm's two new hires are the latest in aggressive recruiting efforts and joined from rivals RBC and Wells Fargo.

The two LPL rivals show confidence in their current paths, but they both now have important vacancies to fill.

The combined amount across the top 10 firms has jumped 37% to $385.3 million over the past three years.

Industry changes and ongoing bank scandals have tilted the playing field in favor of smaller brokerages.