Economy

The regional brokerage lured away three recruits from rivals Wells Fargo and Raymond James.

The new recruits joined the firm's employee and independent channels.

The wirehouse recruited a Morgan Stanley team that generated $10 million in annual revenue.

Stifel CEO Ronald Kruszewski remains upbeat about his latest acquisition of Barclays' wealth management unit despite rising advisor attrition, telling analysts that "it will still be a wonderful deal from a shareholder perspective."

The regional broker-dealer's newest branch manager also worked as a complex director for Merrill Lynch.

The 25-year veteran will fill a newly created position overseeing trading activity for the firm's wealth management and capital markets business.

The Canadian bank's U.S. brokerage landed two brothers who spent a decade working for the regional broker-dealer.

Analysis: Smaller firms may sometimes require more due diligence for advisors considering a move. Here's what to look for.

Recruits with a combined $3.3M in production leave Morgan Stanley and Ameriprise, bound for the Swiss-owned brokerage.

A Hilliard Lyons wealth manager goes the route of independence after spending than a decade in the employee channel.

The firm will "re-focus" its business on Cetera, which will enter into a "strategic relationship" with Apollo Global Management to offer that firm's sponsored alternative investment products.

The wirehouse collects for breach of a promissory note.

A team managing over $200 million is the second move this month between the two wirehouses.

Creating a high-end brand from scratch is a daunting prospect, says Jeff Spears, chief executive of Sanctuary Wealth Services.

"We are reasonably confident that going into 2016 regulatory expenses will be down substantially," says LPL's acting chief financial officer Tom Lux.

Wells Fargo adds three recruits, including one from Morgan Stanley, to grow its independent channel.

An arbitration panel ordered the wirehouse to pay two former clients $250,000, a mere 10% of what they originally sought, in a case involving the sale of funds of Puerto Rican municipal bonds.

A former Wells Fargo FiNet affiliate has signed on with Raymond James' independent broker-dealer.

While the group moves between wirehouses, Morgan picks up more recruits from Barclays.

Since last month, Morgan Stanley has lost about a dozen advisors overseeing more than $1.6 billion in client assets to rival wirehouses and regional B-Ds.