Wells Fargo Advisors

The firm also opened a new branch office in Flint, Michigan.

Brokers who shed small accounts and focus on larger clients could earn a higher payout.

Both advisors are attracted by Ameriprise’s technology and investment options.

Regional firms have been on a recruiting spree this year.

The wirehouse's advisor headcount, at 14,564 at the end of the third quarter, was down 3% year-over-year.

Morgan Stanley alone lost 11 teams managing about $7 billion after its abrupt exit from the protocol pact, according to recent hiring announcements.

The wirehouse advisors joined the firm's independent broker-dealer.

The group is the second team to join the Tucson branch in two weeks.

The moves comes amid uncertainty about the future of the Broker Protocol.

The rep neglected to tell Wells Fargo that a 97-year-old client had named him as beneficiary and co-executor of her estate.