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The new recruit had generated $2.7 million in production before switching wirehouses. A second advisor from UBS who had $1.9 million also went to Morgan.

The former wirehouse advisors joined Raymond James' traditional employee broker-dealer.

The new hire comes amid rumors that Credit Suisse will sell its U.S private bank.

The two-year-old wealth management business has a new chief executive to replace Frank Campanale, a former wirehouse executive, who previously held the job.

The wirehouse lured away seven advisors from Morgan Stanley.

Lure of large trust department, bank name recognition, more persuades five advisors in Redondo Beach, Calif., to switch.

Three wirehouse veterans joined the super regional's employee channel.

The wirehouse's latest hire also had previously worked two decades at Morgan Stanley, On Wall Street reports exclusively.

The recruit comes from BB&T Scott & Stringfellow, and was previously at Morgan Stanley, according to this On Wall Street exclusive report.

BlackRock named Salim Ramji head of its U.S. wealth advisory business, succeeding Frank Porcelli, as the world’s biggest asset manager pushes to attract more retail clients.

Two advisors who oversaw more than $220 million in client assets have switched wirehouses.

The new recruits opened a new office for Raymond James & Associates, the firm said.

The Canadian-owned brokerage firm promoted a branch manager with 16 years of industry experience.

Greg Hersch, who has been featured in On Wall Street's Top 40 Under 40, has left the wirehouse.

The firm's new hires come from J.P. Morgan.

The firm's latest hires come from Wells Fargo and Edward Jones.

The wirehouse recruited two Morgan Stanley advisors, one of whom was previously terminated by Merrill in 2001, according to FINRA records.

A recruit with 16 years of industry experience moves between wirehouses.

The 30-year industry veteran joined from Bank of the West.

The team left J.P. Morgan Securities to form their own independent firm.