Wirehouses

The asset management firm made the new hires during a recruiting push in the last quarter.

Two Merrill Lynch advisors left the wirehouse for independent firm Snowden Lane Partners.

When does it make sense to buy your list of clients? Attorney Alan Foxman explains.

Many advisors miss the old culture at their firms. What exactly are they longing for?

The seven-member group left Morgan Stanley to join Wells Fargo.

Raymond James lured away a Morgan Stanley advisor managing more than $85 million in client assets.

Client assets top $2 trillion, although representative head count is down 2.3% on the year.

Jones' football prospects are certainly bright. But what about his hoped-for career as a financial advisor?

Two advisors left Wells Fargo to join Stifel.

Net income for Bank of America's wealth management division slid to $706 million for the fourth quarter from $778 million for the year ago period.

An advisor managing more than $188 million in client assets joined Raymond James & Associates.

Net income for the unit hit $514 million for the fourth quarter, helping boost overall earnings, the firm reported.

Raymond James lured away a UBS advisor managing more than $120 million in assets.

Advisors in the Midwest and on the West Coast noticed information from their accounts on Pastebin, a website notoriously used for posting hacked or leaked information.

U.S. Capital Advisors recruited a veteran Wells Fargo advisor who previously managed $550 million in assets as part of a three-person team.

The breach illustrates the danger posed when just one employee has unauthorized or unsecured access to sensitive information, as well as the ongoing threat to financial institutions from insider theft.

An advisor managing $215 million in assets left Merrill Lynch to join the regional firm.

The elite team left Merrill Lynch for Morgan's ultrawealthy consulting group. The mega move comes on the heels of the firm's data breach.

A fired Morgan Stanley financial advisor accused of stealing client data never intended to sell the information and "is extremely sorry for his conduct," his lawyer said.

The event reminds firms, advisors and clients of the ever-evolving threat of data breaches. Here's what advisors should do.