Wells Fargo Advisors Financial Network

The new recruits come from Merrill Lynch and Stifel, with $165 million in total client assets.

One team wanted more flexibility and time to manage their clients’ financial needs.

The beleaguered bank has suffered from attrition since a fake accounts scandal rocked the firm in 2016.

Headcount is down more than 1,250 since a fake accounts scandal came to light in 2016.

The bank is targeting advisors with $100 million or more in assets.

An analyst expects “solid” recruiting figures for the fourth quarter after the No. 1 IBD added the five-advisor group plus an ex-Raymond James bank program.

Investigators say the onetime FiNet branch manager preyed on “particularly vulnerable” clients, including several with dementia.

The company has its incentives, but here’s what could be waiting for advisors.

The firm will test markets in a few cities next year in a bid to keep pace with a shifting wealth management landscape.

The firm has seen a number of planners exit in recent months.

The broker-dealer nabbed three planners from Wells Fargo, one from Morgan Stanley.

The group opted to join the corporate RIA at the Ladenburg IBD with an eye toward greater independence with some outsourced tasks.

Executives at the beleaguered firm say they are focused on quality, not quantity.

John Gregory Schmidt allegedly devised a 14-year scheme that straddled his time with Stifel and Wells Fargo.

The move is intended to improve operational efficiency.

The regional BD continues its recruiting spree, adding to the more than 400 advisors it’s already hired in the past year.

The firm’s partners met while employed as advisors at Merrill Lynch, and later switched to Wells.

Advisor attrition is up at the beleaguered firm, but it doesn't have to be.

Total broker head count dropped by 173 from the prior quarter, according to the wirehouse.

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