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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.

Wealth managers from separate teams moved to the wirehouse.

Management roles at the wirehouse have shifted following the announced departure of a key executive.

Two groups representing five advisors left Morgan Stanley to join RBC.

Frank Epinger will oversee the firm's downtown Los Angeles, Century City, Newport Beach and Santa Barbara offices.

In a rare independent-to-employee move, four independent advisors joined the employee channel of Raymond James.

Arthur Tambaro thought his career was over just a year ago. But his latest move makes sense in his career path, he says.

Citi Private Wealth advisor Bernard Reina used to be reluctant to join a team, but after his hand was forced he's now a major advocate.

The two new hires managed about $210 million in client assets while at Morgan Stanley.

Three former Ameriprise advisors will sign on with the employee advisory channel at Raymond James.

The former wirehouse group is larger than Dynasty's biggest recruiting grab in 2014.

Paul McCulley is leaving Pacific Investment Management less than a year after rejoining the firm, a departure that further diminishes the influence of co-founder Bill Gross at the $1.68 trillion money manager.

McCulley’s exit further reduces the ranks of Gross loyalists in the wake of his abrupt departure Sept. 26 to manage a small fund at Janus Capital Group Inc. Pimco’s new management and investment team are seeking to reassure clients after a year of record redemptions and co-chief investment officers Gross and Mohamed El-Erian left.

What advisors should know about setting up an independent practice.