Wells Fargo Advisors

This is the second time Jefferies has poached Miami-based adviser talent from the wirehouse.

The former rep refused to comply with a FINRA investigation into allegations that he exercised influence over an elderly woman.

The firm's headcount has steadily declined since the bogus account scandal came to light last year.

"With 15,000 financial advisors, it's hard to change financial planning software. It's hard to change the day-to-day stuff," adviser Jim Denholm III says.

The latest hires join the regional firm from Wells Fargo and RBC.

They play a critical role in recruiting and supporting advisers. See who made the cut for this year's honoree list.

Demographics and competitive forces are destined to weaken the determination to avoid expensive recruiting packages.

The regional firm has been trying to recruit more advisers, particularly those from wirehouses.

The new recruits, who previously worked at Wells Fargo Advisors and Janney Montgomery Scott, also pointed to the firm's affiliation with Raymond James in making the move.

The cases stem from the investment advice given by a now barred broker, who is accused of soliciting funds for a Miami Beach nightclub he owned.

On Wall Street annually spotlights the work of the industry's elite leaders.

Though the wirehouse notched impressive wins, Merrill wasn't the only firm to land elite recruits recently.

The promotion comes as wealth management firms accelerate efforts to roll out digital advice platforms.

The bank tapped the leader of Wells Fargo Securities to succeed David Carroll.

The rep refused to provide the regulator with the documents it requested to investigate the allegations that he stole money from an elderly couple.

The firm picked up teams from Merrill Lynch and Wells Fargo.

The regional firm’s new recruits joined in two locations.

It seems that a long bull market in transition deals may be coming to an end.

One refused to cooperate with an investigation into allegations that he engaged in unauthorized trading in two customers' accounts.

A FINRA arbitration panel dismissed the firm's claims but charged the broker more than $11,000.