Economy

Financial advisor Andrew Ryan of Deutsche, who lands at number 28 on this year’s list, says that anticipating volatility while working with his venture capital and private equity clients has been imperative in recent years.

A former director of branch business development at Janney Montgomery Scott has moved to City Securities Corporation.

Thomas Kane, a UBS financial advisor who ranks number 29 on our list, has turned to hedge funds, private equity and real estate to bolster his clients’ portfolios.

RBC has added a group of five former Morgan Stanley advisors with $758 million in combined assets under management.

No financial advisors will be impacted, but some of the cuts may impact the support areas for the wealth business, a person familiar with the situation said.

When it comes to working with clients, Wells Fargo financial advisor Christopher Purdue, who lands at Number 30 on our list, emphasizes old-fashioned house calls.

Bank of America Merrill Lynch this year will double the number of institutional trading forums it operates, putting on about two dozen.

When it comes to serving a broad swath of affluent clients, Morgan Stanley financial advisor Andrew Stern relies on a strong asset allocation foundation.

Securities America has completed its second broker-dealer transition in the past 30 days and added 30 advisors in Washington, Iowa.

A former Morgan Stanley complex manager who felt he was forced to resign is set to receive $1 million in compensatory damages from the firm, according to a new ruling from an arbitration panel.

The firm has brought on three legacy A.G. Edwards advisors from Wells Fargo to open its 27th office.

The three additions in New Jersey include a veteran financial advisor duo from Merrill Lynch and another advisor from UBS.

Focus Financial has snapped up a big Seattle wealth management firm.

Raymond James Financial Services, the company’s independent broker-dealer, announced Monday it has added a mother-daughter team in Bethesda, Md., with $200 million in assets.

Morgan Stanley financial advisor Carrie Gallaway, who ranks at Number 32 on On Wall Street’s list, says using an empathetic approach to clients was especially useful in the run-up to the fiscal cliff negotiations.

Morgan Stanley's Jim Detterick started out by beta testing a career as a financial advisor. Now he applies that acumen to clients’ portfolios.

Bank of America Corp.’s brokerage arm and JPMorgan Chase & Co.’s asset-management division are among businesses ripe for divestiture if U.S. banks break up to improve stock prices, according to CLSA Ltd.’s Mike Mayo.

Jonathan Yolles followed his father and uncle into the financial advisory business. His first client was a distant cousin. Now, he lands at number 34 on the Top 40 Under 40 list.

UBS financial advisor Jonathan Beukelman often works to advise his clients’ children on everything from buying a car to compound interest.

On Wall Street profiles the most influential personalities in the advisory industry this year.