Economy

Credit Suisse Group added private banking to its operations in Toronto as the lender seeks to win business from Canada’s wealthiest individuals.

Deutsche Asset & Wealth Management recruited a private banker and managing director from J.P. Morgan to open a new office in Dallas.

Advocates are calling on the head of the SEC to move forward with a uniform fiduciary proposal, even if that means pushing the rules through a divided commission split along party lines.

Researchers in Bethesda, Maryland, have spent eight years developing a handheld device to quickly assess potential brain trauma in injured U.S. soldiers and athletes with concussions.

Baird picked up a branch manager from Wells Fargo and a regional advisor managing about $150 million in assets.

Morgan Stanley landed an advisor team managing $1.1 billion in assets.

Regional broker-dealer Janney Montgomery Scott recruited an advisor who managed $115 million in assets and generated about $1.3 million in annual revenue.

HighTower recruited a Merrill Lynch advisor team managing $440 million in assets.

Former-NFL football player-turned Merrill Lynch advisor Reggie Wilkes is helping players and their families manage wealth: "I felt there was a need for someone to support their efforts to overcome the cycle of financial failure."

As people live longer lives, clients are ever more worried about outliving their assets. Advisors are helping them stay calm about maintaining their lifestyles in retirement.

If you're not focusing your time and attention on the people who add the most value to your firm, you're getting it wrong.

A former Stifel advisor joins Janney Montgomery Scott's private client group.

A Wells Fargo advisor managing $115 million in assets has left the wirehouse for Raymond James & Associates.

Schwab's unsuccessful $15 million claim against Morgan Stanley for poaching brokers shows real animosity between the firms, experts say.

Two Merrill Lynch advisors managing $227 million in assets have left to join Wells Fargo Advisors.

Raymond James recruited a former Merrill Lynch executive to head one its newest branch offices.

Firm switches to LPL to help it attract "overlooked" wirehouse advisors with $250,000 or more in revenues.

While one prominent advisor calls the board's demand 'woefully overreaching,' a securities lawyer calls it a 'good, aggressive' tactic.

Q&A with Benjamin F. "Tad" Edwards IV, CEO and President of Benjamin F. Edwards & Co., on how he built up his firm to have 180 advisors in 24 states.

Regional firm Benjamin F. Edwards picked up a Wells Fargo advisor team.