Recruiting

The recruit made the move a week after the independent firm recruited three other wirehouse teams managing more than $600 million.

"It's always nice when one poker player folds and it's down to two or three players," one recruiter says.

As university planning programs churn out the next generation, RIAs may want to drop by campus.

The investment product raises eyebrows, but the firm’s founders have pledged to act as fiduciaries.

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.