Content classifications

The move occurred just days before UBS said it would exit the Broker Protocol.

The regional firm pulled its latest hires from Wells Fargo and Merrill Lynch.

Morgan Stanley alone lost 11 teams managing about $7 billion after its abrupt exit from the protocol pact, according to recent hiring announcements.

The wirehouse advisors joined the firm's independent broker-dealer.

The firm has cast a wide recruitment net, luring practices large and small.

The bank lured two professionals who will work with high-net-worth clients with at least $3 million in investable assets.

At least 274 advisors with $11.5 billion in client assets have left the fold since the acquisition.

The group is the second team to join the Tucson branch in two weeks.

At least 270 advisors with $11.1 billion in client assets have left NPH firms since the acquisition.

The duo is part of an ongoing exodus of wirehouse advisors to smaller regional firms and independent brokerages

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

Though the wirehouse has reduced recruiting efforts, it continues to attract big producers.

The practice’s managing director blamed the No. 1 IBD in part for its move to Securities America.

The moves comes amid uncertainty about the future of the Broker Protocol.

In a case of déjà vu, this is the second time a father-son team left Wells Fargo for RBC in the past two weeks.

Advisor Group BDs have poached at least four NPH practices after LPL acquired the network’s assets.

The practice joined Triad Advisors after at least 25 years with its former IBD.

Get ready for advisors to run for the exits.

The fourth largest IBD added a super OSJ with $650 million in AUM.

Independent Financial’s haul includes a new affiliated RIA launched by five of the practices.