Economy

Advisors can assist their aging clients having a hard time keeping a family-run business in the family.

In one of the largest moves, the wirehouse picked up a team from Credit Suisse that generated $6.4 million in annual revenue and oversaw $610 million in client assets.

The firm said it landed the mega team from Merrill Lynch, marking it the largest recruiting move in Raymond James' history.

Four advisors made the switch from Wells Fargo's independent broker-dealer to Raymond James Financial Services.

The independent firm affiliated with Raymond James picks up two recruits who made the jump in separate moves from Oppenheimer.

The recruits have launched independent practices and joined existing teams with FiNet.

RBC's newest recruits oversee about $132 million in client assets.

Baby boomers will continue to be the nation's wealthiest generation for the next 15 years and remain the largest fee pool for banks and financial services firms, according to new report.

The new recruits join Baird from Wells Fargo Advisors and Stifel.

An advisor overseeing $355 million in client assets joined Morgan Stanley.

The wirehouse is taking a personalized approach, says Mary Mack, head of Wells Fargo Advisors: "We are learning more about them and they are learning more about us."

The Asia Pacific Group generated $3 million in annual revenue while at Morgan Stanley.

United Capital anticipates adding $1.5 billion in assets in buying Select Financial Group and PSA Insurance & Financial Services.

The wirehouse advisors joined forces at Dynasty Financial Partners to launch Cardan Capital Partners.

Is it time to take a closer look at private foundations?

Stifel expects just 95 to 105 Barclays advisors will stay on, compared to 180 when the deal was announced in June, the firm said.

A new recruit generating about $1 million in annual revenues made the move from UBS, the firm said.

A team that oversees $750 million in client assets made the move from Morgan Stanley to UBS, the firm said.

Recruiter Mindy Diamond says the historic accord forged a bond of trust between advisors and their firms that the industry cannot afford to lose.

An advisor managing $195 million in client assets left Wells Fargo Advisors for Raymond James & Associates.