Economy

The wirehouse's latest hire also had previously worked two decades at Morgan Stanley, On Wall Street reports exclusively.

The recruit comes from BB&T Scott & Stringfellow, and was previously at Morgan Stanley, according to this On Wall Street exclusive report.

The accused broker worked at Oppenheimer & Co. when the scheme began in 2009.

Two advisors who oversaw more than $220 million in client assets have switched wirehouses.

The former wirehouse advisor declined to participate in the arbitration case filed against her by the firm.

The new recruits opened a new office for Raymond James & Associates, the firm said.

The Canadian-owned brokerage firm promoted a branch manager with 16 years of industry experience.

Panel envisions a recognizable credential that would help investors distinguish between financial professionals committed to clients' best interest and those pushing products.

Greg Hersch, who has been featured in On Wall Street's Top 40 Under 40, has left the wirehouse.

The firm's new hires come from J.P. Morgan.

The firm's latest hires come from Wells Fargo and Edward Jones.

The wirehouse recruited two Morgan Stanley advisors, one of whom was previously terminated by Merrill in 2001, according to FINRA records.

First National Bank of Bemidji in Minnesota is looking to add advisors and clients.

Steve Dunlap is one of at least six top leaders who have lost jobs at Cetera or its troubled parent, RCS Capital, during last ten months.

A recruit with 16 years of industry experience moves between wirehouses.

A wealth manager, who once had a $5 billion book and was terminated for "inappropriate workplace behavior," found a new home.

Travails of parent company RCS Capital have been "distracting" but haven't impeded expansion, says Douglas King, Cetera Advisor Networks' president and CEO.

The independent Fidelity division can never be the same without its founder, but could still grow into a juggernaut, some planners say.

The move represents one of the largest recruiting grabs in recent years, recruiters say.

Three advisors left the wirehouse to found an independent firm with help from Dynasty Financial Partners.