Wirehouses

John Lipari and Richard Ribek say they chose Raymond James' "client-first culture."

By poaching Ruth Porat from Morgan Stanley, it's clear Google wants to forge closer relationships with banks. That's because banks hold the key to helping Google expand Google Wallet.

Schwab sought restitution in arbitration after an advisor left its Private Client Group to join Merrill.

Two wirehouse advisors generating almost $1.7 million jumped to Steward Partners, an independent firm affiliated with Raymond James Financial Services.

Two complex directors moved up the ranks at the wirehouse.

The recruit generated $614,000 in production at his former job.

A FINRA arbitration panel also orders the expungement of the advisor's termination records.

The firm left John Stumpf's pay unchanged at $19.3 million after the firm generated a bigger profit than any other U.S. bank for a second straight year.

The wealth manager was ordered to pay back Wells Fargo, while he still faces seven client complaints coinciding with UBS' Puerto Rico bond troubles.

Wealth managers who managed over $800 million in combined client assets have joined the wirehouse, according to a spokeswoman.

The elite Bank of America brokerage unit created a new executive role to oversee philanthropic services.

Will the firm's latest deferred comp measure drive advisors away and hurt recruitment? Recruiter Danny Sarch weighs in on the new plan.

Leaders at the biggest firms are looking to deferred compensation and other ways to grow shareholder value and control costs.

An avid surfer, this wirehouse recruit made the move to Integrated Wealth Management.

The wirehouse grabbed a group that produced $2.5 million at RBC.

The firm also said it had recruited a wirehouse team with $2 million in annual revenues.

Two Morgan Stanley advisors managing about $150 million in assets moved to the regional broker-dealer.

A team that produced $3.1 million in annual revenue moved between wirehouses.

At least three senior BofA executives with long ties to Merrill Lynch have departed the division headed by Montag since bonuses were paid last month.

Wealth managers from separate teams moved to the wirehouse.