Financial institutions

Short sellers tend to go against the tide, making investments based on a belief that a stock is going to tank. These 10 banks have drawn the greatest amount of short-interest activity recently.

The newly independent advisors added a new team and are looking to bring on more practices.

Planners are seeking the independence and support that they say they aren’t getting at wirehouses.

She'll now be responsible for supervisory operations at one of the largest firms she once helped regulate.

The bank aims to have a total of 4,000 representatives by year-end in Merrill Edge, which now has 2.4 million accounts and $184.5 billion in assets.

The broker belonged to Morgan Stanley's Chairman's Club, a group reserved for the elite among the firm's advisor ranks.

The bank recruited a wealth executive from J.P. Morgan Chase to “continue accelerating the unit’s pace of growth,” it said.

The wirehouse hires will aid Advizr's focus on reaching smaller broker-dealers, says chief executive Hussain Zaidi.

Despite leaving the Broker Protocol, UBS continues to selectively recruit high-end teams.

Wirehouses have been losing talent as advisors seek more freedom in how they structure their practices.