Economy

Advisor Antoine Souma, who leads the group, had been with the wirehouse for just four years.

One recruit left an IBD to join the wirehouse.

They left Merrill Lynch and Wells Fargo to join their new firm.

The rep defrauded clients with promises of a “lucrative investment” tied to the popstar that would also “help needy people,” according to regulators.

The survey's perennial champions scored higher than competitors like Wells Fargo, Ameriprise and LPL on every metric.

The leaders Bowersock Capital Partners were academia-bound before discovering wealth management was their true calling.

Some of the defecting advisors had been long-time advisors at their former wirehouse before making the move.

Some advisors have questioned the ethics of taking the loans, intended to help small businesses keep their employees on payroll.

The largest percentage of women advisors for any single firm rose from the previous year, but the available numbers paint a stark picture.

The price hikes would come as early as 2022, and follow a budget deficit in 2019.