Wirehouses

The No. 1 independent broker-dealer has grown beyond the wirehouses, but it added about 100 fewer advisors than expected from its major acquisition.

The move boosts the firm's expansion in the central U.S.

Since early May, the wirehouse has lost at least 27 advisors managing a combined $15 billion.

J.D. Power’s annual survey reveals the importance of leadership and culture, along with differences among male and female representatives.

The lawsuit follows a complaint by the SEC alleging that five men and three companies defrauded more than 600 investors.

Advisors recommended that clients sell positions in complex structured products to rack up fees, says the regulator.

While Raymond James and Stifel are on hiring sprees, Wells Fargo is still losing talent.

The firm is spending about $4 billion in an initiative that spans trading ― particularly in fixed income ― wealth management and other units.

The wirehouse's latest initiative is effectively a way for the firm to circumvent the protocol without actually getting out of it.

The regional firm's new additions consist of two veteran advisors from Wells Fargo and a father-daughter duo from Merrill Lynch.