The fees affected hundreds of thousands of customers and the total cost could climb to more than $180 million, according to a report in The Wall Street Journal.

Six of the top 10 advisor recruits — managing roughly $13.2 billion in client assets — have walked out of the wirehouse so far this year.

The recruits oversaw more than $200 million in client assets.

Investors have been more skeptical of how much boost the tax cuts would provide to the economy this year, and the big banks’ second-quarter profits seem to suggest why.

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

Collusion and corruption allegedly prevented Wells Fargo whistleblowers, and a former JPMorgan advisor, from obtaining justice.

The firm's two new hires are the latest in aggressive recruiting efforts and joined from rivals RBC and Wells Fargo.

The regulator barred an ex-Wells Fargo advisor for fooling the bank into reimbursing him for $3,400 after he falsely claimed that he was the victim of fraud.

The wirehouse has lost at least 123 advisors managing $15.7 billion in client assets year-to-date, according to other firms’ hiring announcements.

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

The No. 1 independent broker-dealer has grown beyond the wirehouses, but it added about 100 fewer advisors than expected from its major acquisition.

The move boosts the firm's expansion in the central U.S.

J.D. Power’s annual survey reveals the importance of leadership and culture, along with differences among male and female representatives.

Advisors recommended that clients sell positions in complex structured products to rack up fees, says the regulator.

While Raymond James and Stifel are on hiring sprees, Wells Fargo is still losing talent.

In light of recent losses, risk models will tell managers to cut their exposure to the factor, which could cause a systematic sell-off.

The wirehouse's latest initiative is effectively a way for the firm to circumvent the protocol without actually getting out of it.

The regional firm's new additions consist of two veteran advisors from Wells Fargo and a father-daughter duo from Merrill Lynch.

Wells Fargo has lost at least 80 brokers managing more than $12 billion in assets before the end of the second quarter.

In an investor-backed power play, the tech startup wants wirehouses and banks to turn to it instead of traditional software providers as they make upgrades.