Wirehouses

Merrill has lured away other big producers from rival wirehouses in recent months.

Two former employee advisors with $240M in AUM join independent firm.

UBS lost a two-decade veteran to rival Merrill Lynch.

For the third time in the past year, the wirehouse discharged a long-time advisor with a big book of business, this time alleging "inappropriate workplace behavior."

The departure comes as the British firm prepares to transition its advisors over to Stifel, which is acquiring Barclays’ wealth management operations.

Established wirehouse advisors have more choices than ever before, but these mistakes can abort potentially lucrative new relationships before they even get off the ground.

The wirehouse picked up three advisors from rivals Morgan Stanley and UBS.

Three recruits from the wirehouses join the hybrid RIA Washington Wealth.

James Simons, who founded Renaissance Technologies, hired Ashvin Chhabra to run his family office, leading to a shift in executive roles at Bank of America Merrill Lynch.

Banking products and lending services helped boost the firm's bottom line even as advisor headcount continued to fall.

Will the trickle of advisors leaving Barclays for rival firms turn into a flood?

The advisor managed nearly half a billion dollars in client assets while at Barclays.

With the addition of the new recruits, Faubourg Private Wealth Advisors now has seven former J.P. Morgan advisors.

Two UBS advisors left the Swiss-owned wirehouse to rejoin Merrill Lynch.

Though the firm's revenue growth was tepid, the advisor ranks at the wirehouse expanded by 187 advisors, according to Bank of America which reported second quarter earnings for its wealth management unit.

Advisors failed to win FINRA arbitration case for compensatory damages in excess of $5 million for a number of grievances.

After announcing 11% growth in net income for the wirehouse's brokerage unit, Wells Fargo executives told analysts that they are thinking of launching a robo advisor.

Barclays lost another team, this time to Morgan Stanley, while its deal to sell its U.S. wealth management operations to Stifel is pending.

The wirehouse rolled out a new advertising campaign aiming to bolster its image in the eyes of clients as a goals-based wealth management firm.

The moves represent another blow to Barclays, which lost five advisors in advance of a pending deal to sell its U.S. wealth management operations to Stifel.