Regional BDs

The regional broker-dealer adds another team to its roster while wirehouses continue to scale back on recruiting.

With these latest additions, the regional firm furthers its Southeast expansion.

The three-adviser group joins the regional firm from Oppenheimer & Co.

The new hires are the latest recruits to join the regional firm.

Smaller brokerages are benefiting in big ways from cutbacks at three of the four largest firms.

The new hire previously managed three UBS locations that generated $110 million annual revenue, according to the regional broker-dealer.

The advisor says he joined the regional broker-dealer to focus on his core business of financial planning.

The Northeast prevails, but there's a surprise in the rankings revealed by this interactive infographic.

The Dynasty-affiliated RIA manages around $15 million on average per client.

Raymond James grabbed five multi-million teams in a month. Other firms to see big transitions include Wells Fargo and Ameriprise.

The move marks the second wirehouse poach for the firm in as many months.

The group previously generated almost $2 million in annual revenue, according to their new employer.

The advisors come from a firm reported to manage over $5 billion in assets.

They made the move in part because of the marketing and research resources the firm offers, says new hire Todd Kissel.

The new hires joined a recently opened branch in Tuscon, Arizona, continuing a push west for the regional firm.

"This is a challenging time for the firm with the DoL rule," CEO Paul Reilly said.

The rule has cost the firm tens of millions of dollars in compliance and lost revenue.

The Connecticut office tallied 14 new hires in the past twelve months, the firm said.

The Labor Department has indicated that further revisions to the regulation could be forthcoming.

This year has seen more moves, bigger moves and more expensive moves.