Financial institutions

Wells Fargo Advisors recruited a veteran advisor generating more than $1 million in annual revenue.

Celebrities are the types of clients many advisors only dream of working with. At one firm, these clients -- and the advisors who serve them -- are getting increased attention.

Legal experts explain what made an advisor's arbitration victory against Morgan Stanley an unusual victory.

A FINRA arbitration panel found Morgan Stanley liable for "causing humiliation" when terminating an advisor's employment at the wirehouse.

Wealth management profit increased 41% to C$285 million from a year ago as fee-based client assets rose, while insurance more than doubled to C$256 million.

The industry regulator closes the comment period for its controversial data-reporting initiative as brokerage trade groups warn of privacy concerns and compliance costs.

Merrill Lynch lost a group of advisors managing $535 million in assets to Raymond James & Associates.

"Ultimately, the challenge is how to most effectively translate clients' qualitative thoughts and feelings into quantitative approaches," says Merrill's Michael Liersch.

Kelly King, BB&T's chairman and chief executive, expressed frustration with the interest rate environment. It's "challenging to get expenses down today."

The SEC charged the firm with violating federal securities laws by providing unregistered cross-border brokerage and investment advisory services to U.S. clients.

UBS sought damages for breach of employment contract; an ex-UBS advisor countered that he brought in $20 million in net new assets.

A Merrill Lynch advisor has left the wirehouse to join UBS Private Wealth Management.

Advisors from Morgan Stanley, with combined assets of more than $387 million, made the move to Merrill Lynch.

Advisors from Merrill Lynch and Wells Fargo were elected to IMCA's board of directors.

Stifel Financial hired a new branch manager who previously worked for Merrill Lynch.

A Morgan Stanley branch manager left the wirehouse to join Raymond James & Associates and help with the firm's expansion plans.

A FINRA arbitration panel ordered an ex-Merrill Lynch advisor to pay his former employer more than $400,000 in damages.

The wirehouse said it scooped up two advisors from rivals Raymond James and J.P. Morgan.

Two advisors have left J.P. Morgan Private Bank to join Barclays' wealth management division in Palm Beach, Fla.

Raymond James & Associates lured away one advisor who generated $2 million in production.