Financial institutions

Wells Fargo Advisors is increasing several advisor bonus awards, while its core payout grid will remain unchanged next year.

An advisor joined BB&T Scott & Stringfellow to become the firm's latest wirehouse recruit.

With nearly 16,000 firms managing $2.4 trillion in assets, Cerulli predicts the RIA industry will capture 28% of retail investor assets by 2018.

Raymond James & Associates lured away a wirehouse team with $116 million in AUM.

The wirehouse named former football pro and advisor William Thomas to head the firm's San Francisco complex.

The National Adjudicatory Council upheld an earlier ruling finding Wedbush liable for failure to file accurate and on-time reports of customer complaints and broker registrations.

A Wells Fargo team left the wirehouse to join Raymond James & Associates.

UBS advisors with growing practices may earn more money in 2015.

An advisor managing $181 million in assets left Morgan Stanley for the Swiss firm.

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Merrill Lynch compensation remains mostly the same next year, with some tweaks to smaller accounts.

Mega teams spend months, sometimes years, in the effort to find a new home and transition their oversized books.

Raymond James & Associates recruited an advisor managing more than $191 million in assets from regional rival Stifel.

The wirehouse brought over five advisors from UBS and Citi Personal Wealth Management.

The team, known as Madison Street Financial Group, generated $3.5 million in annual revenue.

HighTower recruited a Merrill Lynch advisor to join a group that broke away from the wirehouse earlier this year.

An advisor team generating $6.7 million in annual revenue has left J.P. Morgan Securities for Raymond James & Associates.

An ex-Ameriprise franchise advisor was fined and suspended by FINRA for allegedly copying and pasting client signatures onto documents.

A new addition to Raymond James & Associates helps further the firm's growth plans.

Two Raymond James advisors joined Ameriprise; one went to the employee channel, the other moved to the firm's independent side.