RIAs

The big payday comes after a year in which the bank made progress toward the removal of a federally imposed asset cap.

Rodney Halvorson says he agreed to join Morgan Stanley only if he could take two wealthy Mexican clients with him. But his transfers were blocked amid heightened money-laundering scrutiny.

The team of three advisors have started a firm called T6 Wealth Management, which will operate out of Morgan Stanley's new offices in Midtown Manhattan.

Citi also announced it had hired Christian Zeinler from UBS to be the head of strategy for Citi Wealth and head of business execution for the private bank.

Citizens meanwhile extends its presence in Florida with a $750 million team from RBC and Envestnet hires a new CEO.

Lack of freedom and limited investment choices may be driving advisors at broker-dealers to leave their firms this year.

Failing to have a solid succession plan is one of many risk factors that can tank an advisory practice's selling price, industry pros warn.

The avalanche of cases announced Friday included charges against a no-longer registered advisor and firm accused of misappropriating more than $20 million from clients.

We named the largest firms and honored those making an impact in wealth management and technology, among other recognitions in the last year.

Raymond James also recruited from Charles Schwab, and LPL from Raymond James and Merrill