Wells Fargo Advisors

Three of the four new hires have more than 20 years of industry experience.

The new hires join from rivals Merrill Lynch, Hilliard Lyons, Charles Schwab and Wells Fargo.

Tim Sloan stepped down effective immediately amid mounting pressure over the lender's scandals.

The newest recruits are indicative of the firm's hiring push.

Warnings from the brokerage sector as Nevada advances a uniform fiduciary rule have a familiar ring.

Aggressive hiring practices at regional broker-dealers aren’t slowing down.

An ex-boss allegedly remarked that he favored younger advisors, saying: "They have what others in the office don't have – youth," according to a new lawsuit.

The new hires come at the expense of Merrill Lynch and Wells Fargo Advisors.

The bonus aims to help the firm cope with the industry’s aging demographics, executives say.

The bank has been striving to lure away top talent from the wirehouses.

One of the two new hires is an industry veteran of 34 years.

After half a century, Christopher Sargent is making his first career change.

“We got to the point where we wanted a pure fiduciary relationship with clients,” Perry Mattern says.

It’s been death by a thousand cuts as a steady stream of top talent strikes out on their own.

The team joined AdvicePeriod, which has more than two dozen advisors and $2.2 billion in AUM.

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.

The four-person team is the first 2019 hires for the boutique bank.

The firm has lost more than 1,100 advisors since a phony accounts scandal came to light in 2016.

The firm’s newest recruits come from Merrill Lynch and Wells Fargo.