Economy

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.

See which independent broker-dealers have the most high-end reps, plus dive into the average production for the top 10.

The independent firm affiliated with Raymond James lured a wirehouse recruit with close to 20 years of experience.

The alleged wrongdoers transferred client money to their wives’ accounts, the commission says.

Brokers whose deferred pay has been withheld could soon file claims after the regulator confirmed advisers' right to take disputes to FINRA arbitration.

The acquisition of the New York City-based firm is expected to boost People's United's assets under management to $8 billion.

Second-quarter revenue from trust and brokerage services sank 11% and 10%, respectively, from the same period last year.