Wirehouses

Two advisors go independent with Raymond James, looking to structure their practice without wirehouse limitations.

A recruit who worked with $658 million in client assets moves between the wirehouses.

Advisors aren't so happy this year, in particular due to changes in comp plans and subpar leadership, according to the new J.D. Power study.

A trio of advisors leaves the wirehouse for the independent channel at Raymond James.

Rival Edward Jones has grown and wants to keep on growing.

Customers continue to be underwhelmed by banks’ customer service. Even worse, young customers see very little difference in services from one bank to another.

The wirehouse lured away a team that managed $750 million from Barclays, which recently announced a deal to sell its U.S. wealth management division to Stifel.

The wirehouses aren't fading yet, but many independents argue that these firms will need to change dramatically to retain market share.

Merrill Lynch lured back three advisors after seven years with rival UBS.

Things have changed and will continue to do so; advisors shouldn't be deterred.

JPMorgan sued six former executives who defected to rival Morgan Stanley, seeking a court order blocking them from enticing clients to follow.

Three industry veterans left the wirehouse space to join U.S. Capital Advisors, a small dually-registered broker-dealer and RIA.

Two advisors left the wirehouse to join the large regional brokerage, representing the latest in a recent string of mega teams that have switched firms.

Two brothers working for Merrill Lynch, where they had overseen $620 million in client assets before making the move, join the rival wirehouse.

Independent financial advisors list the advantages they have found tailoring fee structures to their and their clients' liking.

Some breakaway advisors duplicate some of the rah-rah found at their former employers, others relish the newfound informality, but either way, they get to set the tone.

More than two-thirds of brokerage and RIA executives say there aren't enough young advisors to go around, according to a Fidelity survey.

The wirehouse pulled in recruits from rival firms UBS, Morgan Stanley, J.P. Morgan and Barclays.

The brokerage model as the industry knows it may be pushed aside by a future fiduciary standard.

Wells Fargo Advisors hopes to have 5,000 out of its 15,000-plus advisors using social media tools next year.