UBS

Switching firms can be a herculean task, but independent firm Steward Partners furnishes ex-wirehouse advisors with teams of specialists to ease the process.

The advisers generated over $2 million in annual revenue, On Wall Street learns exclusively.

The newcomer from UBS will help oversee a unit that has grown to just over 3,000 advisers.

Each of the group's three advisers has more than 20 years of experience in the industry.

The group is led by an industry veteran of almost 40 years.

The wirehouse’s pre-tax earnings jumped 42% year-over-year despite losing 176 advisers in that time.

UBS and Merrill lose four advisers in HighTower's seventh deal of the year.

The group consists of two advisers who generated $2.7 million in annual production, according to RBC.

A comparison of starting payouts under this year's compensation plans.

The firm's success bucks a long-held premise that investing in developing markets requires active managers responding to sudden shifts in political risk.