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Manhattan West Asset Management serves sports, music and entertainment clients, as well as pension funds.

The firm's newest recruit is a veteran broker from Morgan Stanley.

Two veteran advisers joined the independent firm, which is affiliated with Raymond James.

Yet that wasn't Merrill's only recruiting success, as the wirehouse also picked up a team overseeing more than $500 million in client assets.

The recruits moved to the firm from Morgan Stanley, Wells Fargo, Stifel and Voya.

These adviser bosses have qualities that help them grab top talent for their firms, says recruiter Mark Elzweig.

The recruits made the move between wirehouses with two client associates.

The recruit generated $1.7 million in annual production before making the move.

The firm has named two executives to newly created positions to help build on the momentum it says it has developed in serving clients in the western U.S.

Up for vote at BlackRock’s May 25 annual meeting is a proposal asking the fund manager to reconsider how it evaluates and votes on executive pay plans.

A new model of holistic financial advice is coming on the scene.

The recruits generated $1.8 million in annual production before making the move.

A U.S. proposal could make it harder for Wall Street banks to compete for talent against asset managers.

In an unusual move, the two veteran advisers left the independent channel to rejoin an employee broker-dealer.

As Cetera parent RCS Capital moves toward bankruptcy emergence, the IBD will shutter two smaller IBDs, leading to likely loss of unknown number of advisers.

The head of the advisory group also was returning to where his career started.

The new recruits are industry veterans who oversaw more than $330 million in client assets.

There is little to fear from the final version of the Department of Labor's regulation, planners say in a new survey.

FINRA reprimanded the former rep for allegedly falsifying personal documents as accommodations for HSBC bank customers.

The independent firm affiliated with Raymond James recruits a veteran with nearly 40 years of industry experience.