Broker Protocol

After announcing it would exit the Broker Protocol, Morgan Stanley lost advisors managing approximately $7 billion in client assets.

Get ready for advisors to run for the exits.

The brokers joined Wells Fargo's independent broker-dealer.

Four of the departures happened in New York following the firm's abrupt departure from the Broker Protocol.

New firm registrations have soared by 75% over the past five years, according to Schwab.

The company has been benefited from aggressive recruiting, with its advisor headcount hitting a record 7,346.

Ron Kruszewski's comments came after Morgan Stanley abruptly exited the accord, potentially leading to more costly litigation.

The 15,000-plus-advisor firm's move could spur rivals to follow. Will the litigation return?

A judge issued a ruling after intensely scrutinizing advisors' emails and text messages to clients.

The Swiss wirehouse hit the founding partners of an $8 billion firm with a lawsuit.