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LPL's "lagging earning results" led the company's compensation committee to cut Mark Casady's bonus by 40%. But Casady also got $6 million in stock options.

Wealth managers who managed over $800 million in combined client assets have joined the wirehouse, according to a spokeswoman.

The elite Bank of America brokerage unit created a new executive role to oversee philanthropic services.

A one-time wirehouse receptionist, at a time when there weren't many women in the business, now runs her own practice.

Former head of private banking at Macquarie to develop strategy in the Los Angeles area.

This week's highlights includes how competition is forcing ETF providers to cut fees on products; research on how corporate bond ETFs can help institutional investors manage investment flows; and Chinese demand for portfolio managers.

Thomas Buck and his daughter, an NFL cheerleader, left the firm for unknown reasons.

An avid surfer, this wirehouse recruit made the move to Integrated Wealth Management.

The wirehouse grabbed a group that produced $2.5 million at RBC.

The firm also said it had recruited a wirehouse team with $2 million in annual revenues.

After stepping down as LPL president, Moore takes an executive board role with Ron Carson, who heads an LPL branch office.

Two Morgan Stanley advisors managing about $150 million in assets moved to the regional broker-dealer.

A team that produced $3.1 million in annual revenue moved between wirehouses.

With the asset management industry in better financial health, compensation is climbing for the right candidates, whether at the analyst level or senior executives, recruiters across the country say.

The firm's employee channel picks up two financial planners from brokerage M.J. Whitman.

This week's items of note includes a Fed warning on potential misperceptions of liquidity with ETFs, a report on clients defecting at an unprecedented rate from Pimco's developing-nation mutual funds, a study showing underlying investment fees have declined at small retirement plans, and exchange operator BATS naming a new CEO.

For many bond managers, equities seemed like a great idea after the 2008 financial crisis. The Federal Reserve had pushed interest rates to near-zero, potentially leaving little room for bonds to appreciate and fueling a rally in stock markets that’s about to enter its seventh year.

At least three senior BofA executives with long ties to Merrill Lynch have departed the division headed by Montag since bonuses were paid last month.

Raymond James & Associates tapped a former Morgan Stanley exec and RIA co-founder as regional director.

A former branch manager is promoted to oversee 142 employees.