Economy

The fast-growing regional B-D agreed to acquire the brokerage unit of Deutsche Asset & Wealth Management and operate it under the Alex. Brown brand.

The high-ranking recruit will work on the firm's expansion plans and serve as a liaison between branch managers and top brass.

RCS Non-Executive Chairman Mark Auerbach says the decision to shut down its wholesale distribution business is "extremely difficult but necessary."

The recruits include two advisors who joined the employee channel at Ameriprise and three who went over to the firm's independent side.

Here is the best of the best bank advisers, the top half of our Top 50.

One of the 10 largest credit unions chooses Raymond James after an 11-year run with another broker-dealer.

Four advisors from the Swiss firm passed on an offer to join Wells Fargo Advisors.

This is it, our signature ranking of the top financial advisers in the bank channel.

The recruit had $1 million in annual production before leaving the wirehouse.

A financial planner left the wirehouse for the independent channel at Wells Fargo.

Next week, we’ll unveil our annual Top 50 Bank Advisers online and in print. In the meantime, we’re proud to continue the Next 50.

The total number of advisors across the industry rose 1.1% in 2014, according to a report from Cerulli Associates. But the research firm warns they may fall again in years to come.

The group generated annual revenues of $3 million before making the move.

"Buyers are placing high strategic value on technology innovation," says David Selig, CEO of Advice Dynamics Partners.

The recruits collectively had $1.7 million in annual revenue before making the move.

Next week, we’ll unveil our annual Top 50 Bank Advisers online and in print. In the meantime, we’re proud to present our Next 50.

The investment bank lands a six-member group to run a custody and emerging-market bond business within its wealth management unit.

The wirehouse's three newest recruits come from Credit Suisse.

William Blair, a Chicago-based financial services firm, said it hired a 24-year industry veteran.

Create a "culture of inclusivity," drop old-world ways and give young planners a voice in your firm in order to recruit and keep them, two experts say.