Financial institutions

The wirehouse is also reorganizing how it deploys a number of product and service consultants and technology specialists.

The wirehouse advisers generated a combined $2 million in annual revenue at the time of their departure.

The case, filed on behalf of an on-call branch office manager who works with advisers, follows similar retirement plan-related litigation recently filed against other firms, including Morgan Stanley.

Veteran Jason Miller was named to a new post as head of Wealth Planning in the U.S. He is supported by four regional leaders who are also new to their roles.

Plus, Benjamin F. Edwards and Ameriprise each add recruits with more than $600M in combined AUM, and Morgan loses a $500M group.

The advisers, one of whom is a former football coach, are among the first to join the wirehouse since UBS unveiled sweeping changes to its comp plan.

The veteran wirehouse recruit has 34 years of industry experience.

These 12 program managers from our ranking have logged a combined 375 years in the wealth management industry.

Doris Meister, formerly president of U.S. Markets for BNY Mellon Wealth Management, also joined the bank's 15-member management group.

ValueAct likes Morgan Stanley’s shift to asset-light, fee-based businesses such as wealth and investment management, and said CEO James Gorman has shifted the bank to “growing fee streams that do not require much equity capital to grow.”

Rick Ulmer, the former regional executive for insurance services in the Mid-America region, will now oversee insurance operations in 10 states.

Paul Morris is one of a growing number of recruits that the wirehouse has rehired after they had previously left the firm.

Arbitrators for the regulator also awarded an expungement to Dale Cebert, who claimed a campaign to damage his reputation followed his termination from the wirehouse.

David Kowach oversaw approximately 11,000 advisers as head of the Private Client Group.

Revenue continues to fall for the industry's largest brokerages, but lending remains strong.

A Triad executive says the firm aims to work with more advisers who want to go independent but who need help dealing with increasing regulatory burdens.

Entering his fourth year in the business, Evan Savarick explains why joining his father’s team was the right move.

The bank's heavy concentration of mass-affluent customers gives it a strong advantage over its rivals, Citizens claims.

WealthSource Partners joins regional broker-deal’s Investment Advisors Division.

A former Morgan Stanley adviser and medalist in swimming offers tips for keeping long-term objectives on course.