The wirehouse exodus continues, as a team of Wells Fargo advisors jumps ship for the independent firm.

Advisors may be upset due to the high-handed attitudes of the larger firms, but pulling down six zeroes a year can offset a lot of irritation, says On Wall Street’s annual recruiters roundtable.

The brokerage ranks shrank by 258 from the year-ago period.

The firm warned Friday that it may take a charge of as much as $1 billion to settle a U.S. probe of its consumer business.

One of the biggest notable losses came from Merrill Lynch, which lost a team managing $1 billion to the independent space.

BMO Wealth Management aims to modernize its investment service and give planners better equipment. Others offering automated advice solutions include UBS, Wells Fargo and JPMorgan.

A recent report about bad incentives for brokers "did not accurately reflect how we do business and serve our clients," said Jon Weiss, head of wealth and investment management.

A new survey finds that investors prize full and upfront disclosures about fees and conflicts of interest, but advisors fall short.

Clients were allegedly steered into investments maximizing revenue for the bank and employees.

Need a gut check on your career? Read what top recruiters have to say about the big and small firms in the industry.

The firm falsely claimed on his Form U5 that he deliberately changed a customer’s address from California to New Hampshire to facilitate the sale of an annuity, the broker alleged.

Pet owners are seeking guidance on funding alternatives, drafting detailed pet-care instructions and leaving significant sums of money that can run into the millions of dollars.

The departure is the latest in a string for the wirehouse, whose broker ranks have shrunk by more than 300 over the last year.

The FBI has reportedly interviewed employees at the bank’s wealth management unit.

FINRA accused the advisor of unlawfully "structuring" a total of $77,560 by depositing cash into his bank accounts in amounts just below the $10,000 reporting threshold.

Massachusetts is probing whether the firm's wealth management unit steered clients toward inappropriate investments and high-cost accounts.

It's a sign the firm is still selectively hiring despite leaving the Broker Protocol last year.

Religious groups threaten to withdraw shareholder proposal on the bank’s decision.

The move comes at a bad time for the firm, which amid scandals and mounting regulatory scrutiny has lost more than 300 advisors in a year.

One recruiter says, "If I'm an advisor at Wells Fargo right now, I have to ask myself is this the firm I want to tie my future to?"