Wirehouses

An attorney for Jorge Posada and Jose Contreras says ballplayers were "victims of fraud, taken advantage of at every turn."

Regulators penalized both the independent and employee channels of Wells Fargo for failing to properly screen over 200,000 customer accounts.

Raymond James' independent broker dealer lured away two advisors producing $1.85 million from Morgan Stanley.

Wells Fargo Advisors is increasing several advisor bonus awards, while its core payout grid will remain unchanged next year.

An advisor joined BB&T Scott & Stringfellow to become the firm's latest wirehouse recruit.

With nearly 16,000 firms managing $2.4 trillion in assets, Cerulli predicts the RIA industry will capture 28% of retail investor assets by 2018.

The wirehouse named former football pro and advisor William Thomas to head the firm's San Francisco complex.

UBS advisors with growing practices may earn more money in 2015.

An advisor managing $181 million in assets left Morgan Stanley for the Swiss firm.

TK

Merrill Lynch compensation remains mostly the same next year, with some tweaks to smaller accounts.

Mega teams spend months, sometimes years, in the effort to find a new home and transition their oversized books.

The wirehouse brought over five advisors from UBS and Citi Personal Wealth Management.

The team, known as Madison Street Financial Group, generated $3.5 million in annual revenue.

HighTower recruited a Merrill Lynch advisor to join a group that broke away from the wirehouse earlier this year.

Wells Fargo Advisors recruited a veteran advisor generating more than $1 million in annual revenue.

Celebrities are the types of clients many advisors only dream of working with. At one firm, these clients -- and the advisors who serve them -- are getting increased attention.

Legal experts explain what made an advisor's arbitration victory against Morgan Stanley an unusual victory.

A FINRA arbitration panel found Morgan Stanley liable for "causing humiliation" when terminating an advisor's employment at the wirehouse.

The industry regulator closes the comment period for its controversial data-reporting initiative as brokerage trade groups warn of privacy concerns and compliance costs.