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The group says it wanted to offer clients greater transparency.

The new hires help the firm further expand its presence in the Southeast, an executive says.

The wirehouse pullback on recruiting is seen as an opportunity for regional firms, a recruiter says.

We reshuffled the ranking to list advisers by their production as a ratio of their AUM. Here are the top 25.

The former First Tennessee Bank adviser defrauded numerous customers to satisfy a gambling addiction that started when he was in college, according to court documents.

The regional firm has been trying to recruit more advisers, particularly those from wirehouses.

Jim McNamara, head of a business that sells the firm’s mutual funds and ETFs to third parties, will depart after two decades.

The new recruits, who previously worked at Wells Fargo Advisors and Janney Montgomery Scott, also pointed to the firm's affiliation with Raymond James in making the move.

The wirehouse files for a restraining order in wake of move to Dynasty.

They left to have more freedom in how they work with their clients, one of the new hires says.

New firm FallLine Securities caters exclusively to advisers serving ultrawealthy clients.

The wirehouse said recently it plans to stop recruiting experienced advisers, but made an exception if talks with recruits started before June 1.

So far this year, at least 9 banks switched their investment services programs to new third-party broker dealers. One outsourced its broker-dealer operations to a TPM for the first time.

As part of a new alternative investments group, the recruits’ focus is to help customers place money into hedge funds and private equity strategies.

Though the wirehouse notched impressive wins, Merrill wasn't the only firm to land elite recruits recently.

The new hires joined Merrill from Morgan Stanley.

Veteran advisers with $437M in AUM 'set out to find something different.'

The firm's newest broker generated $1 million in annual revenue while at Baird, an RBC spokeswoman said.

The promotion comes as wealth management firms accelerate efforts to roll out digital advice platforms.

The Swiss firm picked up a team that oversaw approximately $900 million in client assets.