Content classifications

By all means put a plan in place, but flexibility is key in case circumstances change.

"Given all of the turmoil there, you need to have some consistency in leadership and [Roth] was it," one expert says.

Three advisers joined the firm's Advisor Select channel, where they are employees but can make additional business-decisions for their practice.

The firm's newest recruits come from boutique brokerage J.P. Morgan.

The firm's newest recruits generated $3.6 million in annual revenue.

Is Roth on his way out?

Planners who are agile enough can easily decide on what's best for them: switching to wirehouses, other large brokerages or going independent. Also, moving quickly may help them land the best deals, says a recruiting consultant.

The group includes two recruits who began their careers in the late 1970s.

The recruit joined a practice opened by a former complex director from the same wirehouse.

The wirehouse advisers generated a combined $2 million in annual revenue at the time of their departure.

The veteran supervisor got his start at Merrill Lynch in the early 1980s.

Veteran Jason Miller was named to a new post as head of Wealth Planning in the U.S. He is supported by four regional leaders who are also new to their roles.

Baha helped Jeffrey Gundlach turn DoubleLine Capital into a $100 billion asset management firm.

Plus, Benjamin F. Edwards and Ameriprise each add recruits with more than $600M in combined AUM, and Morgan loses a $500M group.

The advisers, one of whom is a former football coach, are among the first to join the wirehouse since UBS unveiled sweeping changes to its comp plan.

The veteran wirehouse recruit has 34 years of industry experience.

Doris Meister, formerly president of U.S. Markets for BNY Mellon Wealth Management, also joined the bank's 15-member management group.

Two veteran advisers opened a new office for the firm.

The stock picker, known for beating the S&P 500 for 15 straight years when he ran the Legg Mason Value Trust, will buy Legg Mason's stake in LMM.

Rick Ulmer, the former regional executive for insurance services in the Mid-America region, will now oversee insurance operations in 10 states.