Wirehouses

Brokerage industry records list one of the winners works at the firm's clearing house in San Jose.

“The industry has not done any favors to young advisors,” says independent advisor Douglas Boneparth.

The firm’s partners met while employed as advisors at Merrill Lynch, and later switched to Wells.

One of the firm's two new executives is a wirehouse veteran who started her career at Merrill Lynch in 1990.

Already an aggressive recruiter, the firm upped its advisor head count by 115 during the recent quarter.

The forthcoming changes will build on digital investments the firm has made recently, according to an executive.

Stifel is expanding on the West Coast, hiring 13 recruits in California year-to-date.

In an era of extreme affluence, elite money managers are vying for the hyper-rich as never before.

A 34-year old broker with high-net-worth tax specialty signs with Dynasty.

CEO Sergio Ermotti said UBS had begun to cut costs following the merger of the U.S. and international wealth management divisions.

Compensation related to financial advisor recruiting fell 22% for the second quarter.

Banking scandals are playing only a small role in advisor attrition, the firm says.

While the business is producing steady profits, the lender rejigged financial targets this year after investors argued Ermotti should do more to improve returns after the shares languished.

There’s no obvious reason to row back from the bank's strategic commitment to focus on wealth management while keeping a leash on the investment bank

The regional broker-dealer has stepped up its expansion this year.

Advisor attrition is up at the beleaguered firm, but it doesn't have to be.

The regional firm has opened five new branches and hired at least 73 advisors year-to-date.

As turnaround plans at peers such as Credit Suisse gather speed, some investors are asking whether UBS is doing enough to sustain its lead.

Six of the top 10 advisor recruits — managing roughly $13.2 billion in client assets — have walked out of the wirehouse so far this year.

These mega brokers managed $18 billion in assets at their previous firms.