Wirehouses

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.

Management roles at the wirehouse have shifted following the announced departure of a key executive.

James Gorman and other executives got performance-based stock awards that have more than doubled in value since they were granted three years ago.

To court young talent, banks are reimagining their ads for positions like call center agents and video tellers as YouTube clips. They are also finding ways to make applications easier to fill out on mobile devices.

Two groups representing five advisors left Morgan Stanley to join RBC.

"Some of the volunteer work that I was doing early on just kept growing on me and I found that I love being able to create change," says Russell Goldstein.

The liabilities your broker-dealer faces when supervisors oversee wealth managers both inside and outside your practice.

John Stanton Verble is suing Morgan after he says he was fired for helping federal authorities investigate one of the firm's clients.

The two new hires managed about $210 million in client assets while at Morgan Stanley.

The former wirehouse group is larger than Dynasty's biggest recruiting grab in 2014.

A U.S. probe into how Morgan Stanley client information ended up for sale on the Internet is examining whether a financial advisor was targeted by hackers after he took data from the bank, two people briefed on the inquiry said.