Economy

The advisor, who had been with Merrill since 2003, oversaw $230 million in assets, according to UBS.

Edmond Walters's departure takes Fidelity by surprise, and throws plans for eMoney Advisor Summit next month into disarray.

Four advisors left Wells Fargo to join Ameriprise's employee channel.

Serving as an RCS Capital director proved too great a distraction from Larry Roth's role as Cetera CEO, a regional Cetera leader says.

The wirehouse's latest hires include two advisors who generated $5 million in annual revenue while at Citi Private Bank, a firm spokeswoman said.

Two veteran advisors left the wirehouse to form an independent firm with help from Dynasty Financial Partners.

Four veteran advisors joined UBS from Morgan Stanley where they generated $5.6 million in annual revenue, according to a UBS spokesman.

Historically private on recruiting specifics, LPL hopes to attract new advisors by publishing names of advisors who've just joined.

Originally a small group of female financial professionals, the firm's annual event for women advisors expects more than 260 participants.

Two former advisors allege they were punished and eventually fired for reporting misconduct including trainees and interns entering trades as well as misleading clients during cold calls.

The new recruits had an annual production of $2 million.

The Syracuse, N.Y.-based credit union chose CUSO from among five third-party broker-dealers for its technology, reporting capabilities and specialization in financial institutions.

Recruits leave the wirehouse for the independent side at Wells Fargo.

Focus Financial Partners' Chris Dupuy, a former Merrill Lynch executive, talks recruiting, breakaways and why he tells some advisors that independence isn't for them.

Recruits who generated $4.5 million make the move between wirehouses.

The advisors left UBS and Huntington Investment for the Wells Fargo Advisors Financial Network.

When Bank of America shareholders gather next month to decide if Brian Moynihan can keep his chairman title, they won’t be the only ones about to weigh in on his career.

Marzano Capital Group joins LPL-affiliated recruiting firm Independent Advisor Alliance.

The Swiss-owned wirehouse said it recruited three Morgan Stanley advisors who generated more than $3 million in annual revenue.

Noyes makes a new addition in an effort to grow the firm's network of financial advisors.