Financial institutions

A mega team of three long-time industry veterans departed Merrill Lynch for Raymond James & Associates.

Executives at the largest brokerages are changing compensation to boost profits. Here's how.

The small producer is being squeezed out by the industry's focus on bigger profits and larger accounts.

An NYPD auxiliary police officer also works in wealth management.

Raymond James, Stifel, Baird and a dozen other "Main Street" firms are behind the newly created American Securities Association.

A former professional football player and his brother made the move between the two regional B-Ds.

On Wall Street's continues with its fresh look at the best pay for advisors at the leading wirehouse and regional wealth management firms.

A fresh look at the best pay for mid-sized producers at the leading wirehouse and regional wealth management firms.

The executive will be responsible for pursuing enhanced collaboration between Merrill Lynch and other Bank of America units.

The firm's bottom line was battered by higher expenses and weak revenue growth due in part to recent market volatility.

The independent firm founded by former Merrill Lynch executives hired away a recruit from the wirehouse.

These advisers from our BIC Top 50 have either logged the most years in the industry (because seniority counts), or the fewest (so does cracking the top ranks at a young age.)

A fresh look at the best pay for advisers at the wirehouses and leading regional broker-dealers.

A fresh look at the best pay for advisors at the wirehouses and leading regional broker-dealers.

The manager, who left Raymond James after only two years, also had logged in more than two decades at Morgan Stanley and Merrill Lynch.

In the latest in a series of cases, an arbitration panel has sided with a client against UBS, ordering the wirehouse to pay nearly $1.5 million in damages related to UBS' sale of Puerto Rican bonds and closed-end funds.

Janney Montgomery Scott hired six advisors, moving the firm closer to its goal of 50 new recruits this year.

Two recruits from Raymond James and Merrill Lynch made the move.

Applying for Social Security benefits early doesn't necessarily mean that applicants will receive the benefits early, an advisor explains to 64-year-old widowed client.

Raymond James lost another advisor to Wells Fargo’s IBD, while several Morgan Stanley advisors made the jump to independence.