Economy

'Financial advisors' insights are critical in helping the family offices evaluate and execute their next steps,' says Julia Cloud, national managing partner, private wealth, for Deloitte.

Raymond James lured away a UBS advisor managing more than $120 million in assets.

Anastasios "Tommy" Belesis, the former head of John Thomas Financial, was barred from the brokerage industry for life by FINRA for trading ahead of clients' orders.

An Edward Jones advisor managing more than $114 million in client assets joined the Raymond James independent channel.

Two advisors left RBC to join Raymond James' employee channel.

Advisors in the Midwest and on the West Coast noticed information from their accounts on Pastebin, a website notoriously used for posting hacked or leaked information.

Stifel Nicolaus lured away a 36-year veteran advisor from RBC.

U.S. Capital Advisors recruited a veteran Wells Fargo advisor who previously managed $550 million in assets as part of a three-person team.

The breach illustrates the danger posed when just one employee has unauthorized or unsecured access to sensitive information, as well as the ongoing threat to financial institutions from insider theft.

An advisor managing $215 million in assets left Merrill Lynch to join the regional firm.

A former BNY Mellon advisor that managed $850 million in client assets has formed an RIA affiliated with Raymond James' independent RIA channel.

The elite team left Merrill Lynch for Morgan's ultrawealthy consulting group. The mega move comes on the heels of the firm's data breach.

New laws this year likely will have an impact on retirement savings as the government faces population aging and public pension concerns.

A fired Morgan Stanley financial advisor accused of stealing client data never intended to sell the information and "is extremely sorry for his conduct," his lawyer said.

The event reminds firms, advisors and clients of the ever-evolving threat of data breaches. Here's what advisors should do.

The new recruits come from Morgan Stanley and UBS.

The fast-growing, private wealth management firm has partnered with a new team, TC Wealth Management.

What does it take to make the list? The industry's biggest young producers talk about their paths to success.

Morgan Stanley fired an employee it said stole data, including account numbers, for as many as 350,000 wealth management clients and posted some of the information online.

Changes to the RIA Leaders rankings illustrate a hard truth about the industry.