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Well Fargo Private Bank in San Francisco has named Erik Davidson as chief investment officer.

An advisor joined BB&T Scott & Stringfellow to become the firm's latest wirehouse recruit.

With nearly 16,000 firms managing $2.4 trillion in assets, Cerulli predicts the RIA industry will capture 28% of retail investor assets by 2018.

Raymond James & Associates lured away a wirehouse team with $116 million in AUM.

The wirehouse named former football pro and advisor William Thomas to head the firm's San Francisco complex.

RCS Executive Chairman Nicholas Schorsch and two other top executives resigned from American Realty Capital Properties.

A Wells Fargo team left the wirehouse to join Raymond James & Associates.

An advisor managing $181 million in assets left Morgan Stanley for the Swiss firm.

Lebenthal picked up an RIA that oversees $250 million in assets, as well as a team of two advisors in New York.

Mega teams spend months, sometimes years, in the effort to find a new home and transition their oversized books.

Mark Evans will provide investment advice to clients of Ascent Private Capital Management. He is the second managing director of investments to join Ascent's Minneapolis office.

Raymond James & Associates recruited an advisor managing more than $191 million in assets from regional rival Stifel.

The wirehouse brought over five advisors from UBS and Citi Personal Wealth Management.

The team, known as Madison Street Financial Group, generated $3.5 million in annual revenue.

The resignation comes in the wake of the apparent suicide in October of David Zier, Convergent's chief executive.

An advisor team generating $6.7 million in annual revenue has left J.P. Morgan Securities for Raymond James & Associates.

A new addition to Raymond James & Associates helps further the firm's growth plans.

Two Raymond James advisors joined Ameriprise; one went to the employee channel, the other moved to the firm's independent side.

Wells Fargo Advisors recruited a veteran advisor generating more than $1 million in annual revenue.

Bill Gross’s exit unleashed a crisis that Pimco is still trying to contain. His departure was followed by record withdrawals from the mutual fund he once ran, and which he built into the world’s biggest.