Boutiques

After losing dozens of advisors who managed billions in client assets to UBS, scorned Credit Suisse strikes back with legal challenge.

Credit Suisse lost another advisor, this time to rival boutique J.P. Morgan Securities.

The regional broker-dealer said it completed its acquisition of the British bank's U.S. wealth management unit, but it now expects that less than half of the assets under management will transfer over to the firm.

The wirehouse's newest hires come from Credit Suisse, which is looking to exit the U.S. wealth management market.

The fast-growing regional B-D agreed to acquire the brokerage unit of Deutsche Asset & Wealth Management and operate it under the Alex. Brown brand.

The high-ranking recruit will work on the firm's expansion plans and serve as a liaison between branch managers and top brass.

Four advisors from the Swiss firm passed on an offer to join Wells Fargo Advisors.

The wirehouse's three newest recruits come from Credit Suisse.

William Blair, a Chicago-based financial services firm, said it hired a 24-year industry veteran.

Two advisors passed on an opportunity to join Wells Fargo, which recently inked a recruiting deal with Credit Suisse.