Regional banks

RBC Wealth Management picked up a former Morgan Stanley broker with $65 million in assets.

Janney has picked up a former Morgan Stanley duo with over $1.5 million in production.

Sallie Krawcheck, the former senior executive at Bank of America Corp. and Citigroup Inc., agreed to buy 85 Broads, the global network with 30,000 members that promotes women as business leaders.

Baird has bolstered its advisor force with two wirehouse teams with $800 million in assets.

The Securities America move underscored the intensity with which advisory firms are competing for talent, executive search experts said.

Two former branch managers at Raymond James have moved to Stifel and LPL in Austin, Texas.

The St. Louis-based firm, which now has 30 offices, opened its third Florida location with an office in Destin and made inroads into Alabama with a new branch in Birmingham. It also added an advisor to its White Plains, N.Y., and Chattanooga, Tenn., location.

Credit Suisse Group AG sued its former vice president of emerging markets, Agostina Pechi, over claims she stole the bank’s trade secrets in a bid to win clients for her new employer, Goldman Sachs Group Inc.

The Louisville, Ky., firm picked up two advisors with a total of $200 million in assets.

The combination will create one of the largest regional brokerages on the West coast.

There are only a few dozen banks with assets of $20 billion to $350 billion. In this regulatory climate, these regional banks in the middle of the size spectrum look very much like the industry's new sweet spot.

The firm has reorganized its branch leadership with two promotions and a new hire from Morgan Stanley.

Ameriprise tapped the four wirehouses and LPL in its latest round of recruiting.

The firm raised its annual compensation for top executives citing strong company and wealth management performance.

Clients are mad as hell and they're not going to take it anymore … unless the industry makes some changes, Stifel’s top executive told a major industry conference on Thursday.

Financial services firms and advisors are relying on new technology and enhanced training to to take a more holistic financial planning approach with clients.

Revenue and assets increased year-over-year as the firm began to streamline operations after the Morgan Keegan integration in February.

An arbitration panel has ordered Wells Fargo to pay Stifel $800,000 in the latest dispute over alleged raiding of former A.G. Edwards advisors.

The unit added about $3 billion in fee-based assets over the past few years, with sales going up about 74%.

Stifel has snapped up 11 former Wells Fargo advisors with more than $1 billion in assets.