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Launching your own practice isn't easy. Here are five tips for getting started from advisors who have experienced the challenge of going out on their own.

The Private Client Reserve hired a new wealth management advisor from UBS Private Wealth Management to support growing business in the Chicago market.

Wells Fargo's regional president of Florida operations has been promoted to a national executive.

Wells Fargo's regional president of Florida operations has been promoted to a national executive.

Nitin Mhatre, executive vice president of Consumer Finance, will lead Webster’s Personal Bank, which includes Webster Investment Services.

Morgan Stanley has bolstered its New York office with a top billing advisor team from J.P. Morgan Securities, the boutique brokerage branch of JPMorgan Chase.

Morgan Stanley has bolstered its New York office with a top billing advisor from J.P. Morgan Securities, the boutique brokerage branch of JPMorgan Chase.

A spike in the proportion of RIA-to-RIA deals in the first half of this year may signify that the advisory field is starting to come into its own.

Umpqua names a former Citi Private Bank executive to lead growth in the San Francisco region.

Raymond James has added to its Private Client Group (PCG) with a key senior management appointment.

The Private Client Reserve lured professionals from J.P. Morgan Private Bank and Citi for positions in Los Angeles, Chicago, and Scottsdale, Ariz.

UBS has tapped Jonathan Brooks to be a sales director responsible for bringing in corporate clients.

Bloomberg -- Aides to President Barack Obama and Senate Majority Leader Harry Reid discussed the process of choosing the next U.S. Federal Reserve chairman in the wake of a letter from some chamber Democrats touting one contender, according to a person familiar with the conversations.

Bloomberg -- Evercore Partners Inc., the investment bank founded by former U.S. Deputy Treasury Secretary Roger Altman, hired Jewelle Bickford as a partner in its wealth- management unit.

Eileen Rominger, former head of the Securities and Exchange Commission’s Division of Investment Management, has decided get back to work after a year-long hiatus.

The investment bank, founded by former U.S. Deputy Treasury Secretary Roger Altman, hired Jewelle Bickford as a partner in its wealth-management unit.

ICI President and CEO Paul Schott Stevens issued a congratulary statement after the U.S. Senate confirmed Kara M. Stein and Michael S. Piwowar as Commissioners at the Securities and Exchange Commission.

UBS Wealth Management Americas has added a former Morgan Stanley advisor with $600 million in assets.

A former Deutsche Bank Securities advisor with over $2 million in production has jumped to Morgan Stanley.

Wedbush has expanded its operations in Southern California with the addition of a former Morgan Stanley advisor to its Newport Beach, Calif., office.