Financial institutions

The largest recruits managed more than $17 billion in client assets.

Adviser recruiting was not expected to be affected, according to people with knowledge of the matter.

BIC took a fresh look at its top program managers and re-ranked them based solely on productivity.

A new partnership between ex-wirehouse advisors and a retirement plan consultant will use "gratitude boards" to focus discussions on important issues in clients' lives.

Market volatility and industry changes have had a chilling effect on advisers' career plans.

The largest teams to go indie this year managed more than $5 billion in client assets.

Two advisers left Lebenthal Wealth Advisors to start their own practice approximately two years after they joined the firm.

The regional firm also says it recruited a junior Merrill adviser overseeing $39 million in client assets.

Regulatory and industry changes are driving some advisers to rethink their business model, writes recruiter Mark Elzweig.

CEO Tidjane Thiam, who joined a year ago, is shrinking the investment bank to free up capital for expanding Credit Suisse's wealth management business, cutting thousands of jobs in the process.

Banks are lining up behind Capital One to launch robo platforms even as they gird for an initial hit to their brokerage business.

Meanwhile, the SEC hints that more actions could follow the $425 million in penalties levied against the brokerage firm.

Wells Fargo, Morgan Stanley, Bank of America and J.P. Morgan Chase were among the dissenters, people familiar with the matter said.

The wirehouse was hit with sanctions from the SEC and FINRA for disregarding securities rules, misusing clients’ cash and not disclosing product costs.

Eleven executives were tapped this year to lead wealth management and related investment services groups at Key Private Bank, Regions Bank, U.S. Bank, Wells Fargo Private and Wilmington Trust. Find out who they are and what their new roles entail.

Sandra Pierce will assume her role once Huntington completes its acquisition of FirstMerit.

Some call it 'relentless,' but scouting for the best candidates has resulted in a better array of services from the industry's top firms, says leading recruiter Mark Elzweig.

BIC took a fresh look at its top program managers and re-ranked them based solely on team assets under management.

Three industry veterans – one with more than four decades of experience – oversaw more than $205 million in client assets, according to Raymond James.

The wirehouse's latest hires will support client development and strengthen product delivery, according to Morgan Stanley.