Wirehouses

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.

The new recruits come from Morgan Stanley and UBS.

The fast-growing, private wealth management firm has partnered with a new team, TC Wealth Management.

What does it take to make the list? The industry's biggest young producers talk about their paths to success.

Morgan Stanley fired an employee it said stole data, including account numbers, for as many as 350,000 wealth management clients and posted some of the information online.

Cerulli predicts that market share gains in the RIA and dually registered channels will likely come at the expense of wirehouses and independent broker-dealers.

The firm recruits a team with advisors from Wells Fargo and JP Morgan.

The Bogart Group was previously with RBC Wealth Management-U.S., managing client assets of more than $600 million.

Winthrop H. Smith Jr., son of Merrill Lynch pioneer Win Smith, gives his take on "Mother Merrill," and how the firm's old culture impacts the present.

Merrill's newest recruit managed more than $185 million in client assets while at UBS.

Margaret Towle was most recently a partner and managing director with HighTower Advisors. She's also editor-in-chief of The Journal of Investment Consulting.