Recruiting

The new hires joined from UBS and Morgan Stanley, according to the firm.

Switching firms can be a herculean task, but independent firm Steward Partners furnishes ex-wirehouse advisors with teams of specialists to ease the process.

The $420 million team marks the latest wirehouse exit over a lack of flexibility around the rule.

The advisers generated over $2 million in annual revenue, On Wall Street learns exclusively.

The role of the firm's latest hire has yet to be determined.

Raymond James, RBC and Ameriprise were among the industry players to lure away talent from Merrill Lynch.

The group generated over $7 million in annual revenue, On Wall Street learns exclusively.

The two advisers had been with the wirehouse for more than a decade.

The duo launched a new independent practice with the firm's Investment Advisors Division.

The two veteran advisers were legacy Morgan Keegan, a brokerage Raymond James acquired in 2013, On Wall Street learns exclusively.

The new recruit joins after the regional firm paid $150 million to settle a lawsuit brought by an SEC receiver.

Not planning is the biggest risk that advisers can take.

Firms must recruit the right players to serve their clients, says CEG Worldwide’s Jonathan Powell.

Michael Jeppson generated about $1.8 million in annual revenue, according to his new firm.

Each of the group's three advisers has more than 20 years of experience in the industry.

The Broker Protocol is just the first step. Those entering the fiduciary world still have to proceed with caution.

The group is led by an industry veteran of almost 40 years.

The wirehouse’s pre-tax earnings jumped 42% year-over-year despite losing 176 advisers in that time.

The private equity-backed firm has added seven ex-wirehouse advisers so far this year.

The firm's Private Client Group saw pretax profits drop to $29 million from $83 million for the year-ago period.