Boutiques

The wirehouse said it recruited the advisors from Credit Suisse.

The wirehouse pulled over four teams from Credit Suisse.

Advisors can assist their aging clients having a hard time keeping a family-run business in the family.

In one of the largest moves, the wirehouse picked up a team from Credit Suisse that generated $6.4 million in annual revenue and oversaw $610 million in client assets.

The wirehouse is taking a personalized approach, says Mary Mack, head of Wells Fargo Advisors: "We are learning more about them and they are learning more about us."

Stifel expects just 95 to 105 Barclays advisors will stay on, compared to 180 when the deal was announced in June, the firm said.

Wells Fargo's elite brokerage unit picked an attorney as its new chief fiduciary officer.

Merrill Lynch picked up an advisor from rival Credit Suisse.

Two advisors left the British bank's U.S. wealth management unit before the close of its pending sale to Stifel.

The automated investment trend is not a fad, says U.S. Trust President Keith Banks. But being firm in values and delivering value is still paramount, he says.