Economy

The regional broker landed three recruits from First Allied Securities, Edward Jones and U.S. Bank.

Uncertainty still surrounding the fiduciary rule is one reason why advisors say they are not committing to specific upgrades just yet.

Four elite advisers who left the independent channel to launch their own RIA deliver blow to Wells Fargo's target of a best-ever recruiting year.

The bank is the second to join the firm's network in less than a week.

Nascent partnership at largest female-run IBD ends as Erica McGinnis leaves top spot. Expect more heads to roll, one expert says.

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Also, Dynasty lured teams managing nearly $1 billion in client assets to independence.

The seven recruits made the move from three wirehouses, Raymond James and Stifel.

The leading IBD cut a top consulting division that catered to its largest firms and set up potential conflict between groups of advisers: those in and out of OSJs.

Banks and credit unions can test whether they want to get into the investment services business without bringing in advisers or partnering with a TPM.

Lending and cost cutting helped drive net income higher during the recent quarter, the wirehouse reported.

The bank's three advisers and $300M in AUM leave LPL after more than a decade.

The country's largest independent broker-dealer added 100 advisers in the second quarter.

Net revenues fell 2% in the second quarter compared to a year ago, according to the firm.

Wells Fargo's independent arm landed seven recruits in its latest efforts to add more than the 102 advisers recruited from competitors last year.

No financial solution can gain momentum without the collaboration of technology and human capital. But robos are only one small part of this equation.

The recuits joined the wirehouse from Deutsche Bank, which is selling its U.S. Private Client Services unit to Raymond James.

The regional BD also recruited a complex manager from J.P. Morgan.

Thomas Dicker will oversee the firm's 38 U.S. wealth offices and will be responsible for driving growth.

The former wirehouse group, which specializes in retirement plan consulting and planning, worked mostly with institutional clients before making the move.