Financial institutions

An arbitration panel found that a client's complaint about a former wirehouse advisor was "factually impossible or clearly erroneous."

The wirehouse landed another recruit, who had about $500 million in client assets, from its deal to hire Credit Suisse advisors who specialize in Latin American clients.

A veteran who worked as broker and recruiter for 20 years joined Securities America’s branch office development recruiting team.

Several wirehouse recruits and an independent team moved to the regional firm.

The elite Bank of America unit gave one of its division heads a second region to oversee.

These advisers from our BIC Top 50 notched the highest ROAs.

The advisor also beat back Wells Fargo's $200,000 in claims for breach of promissory note.

Total assets for the regional B-D's Individual Investor Group will reach about $40 billion after it merges with Smith Hayes.

The wirehouse also recruited three new complex managers from rivals UBS and Deutsche.

The commission also settled related charges against First Southwest, a financial advisor, for failing to document its advisory relationship with the agency for seven months.

The firm aims to hire 75 advisors in a bid to serve wealthy Latin American clients.

Three veteran advisors departed the wirehouse to join independent firm U.S. Capital Advisors.

An arbitration panel sided with the wirehouse against the estate's claim seeking damages relating to the firm's sale of closed-end funds.

The brokerage landed 7 recruits from Edward Jones, Ameriprise and Morgan Stanley, as well as from other wealth management firms.

How do the payouts for elite advisers compare at the largest wealth management firms?

How do the payouts for elite advisors compare at the largest wealth management firms?

The advisor had been a member of Morgan Stanley's Chairman's Club.

See how the starting points for payouts compare at wirehouse and regional broker-dealers.

The recruit will serve as a branch director for six offices.

See how the starting points for payouts compare at wirehouse and regional broker-dealers.