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One of the new hires has more than five decades of industry experience.

The advisor had been with Wells Fargo for only two years, having previously worked at Credit Suisse.

A massive acquisition also helped boost the No. 1 IBD’s headcount by 833 advisors year-over-year to 15,210.

A 41-year industry veteran says his practice was seeking “a new strategic partner to help us take the next step in our firm’s growth.”

The private equity-backed IBD is "very appealing to advisors in that larger independent setting," its top recruiter says.

Wirehouses have been seeing a decline in their advisor headcounts.

Wirehouses are losing talent as advisors look to escape bank-owned firms.

The firm lost 94 existing advisors, but recruited 79 new ones in the first quarter. Here are six of its new additions.

“There aren’t many combination opportunities left, so about six or seven months ago we recommitted ourselves to recruiting and got more aggressive in recruiting,” says Michael Purpura, president of D.A. Davidson Wealth Management.

The latest moves bolster the firm’s presence in the Northeast.

The wirehouse recently reported advisor headcount shrank by 258 advisors year-over-year.

Dennis Zank will continue to be affiliated with Raymond James as a financial advisor.

The firm also opened a new office in Lancaster, Pennsylvania.

Known for his “safe and cheap” investing mantra, he distinguished his style from that of Benjamin Graham and David Dodd, the fathers of value investing.

The executive will lead PNC’s wealth business beginning in June.

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

Timothy Scheve will complete the term of John Thiel, the former head of Merrill Lynch, who left FINRA's board earlier this year.

Tom Thives, a 34-year industry veteran, will head up the firm’s offices in New Jersey.

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

The advisor, a former employee, has been soliciting more than two dozen clients at the bank, JPMorgan says.