Wirehouses

The move is the latest in a series of departures from the wirehouses to smaller independent firms.

The company also said that its advisor ranks are growing.

As a result of CEO James Gorman’s strategic moves, the firm earns the biggest share of revenue from wealth management of the six biggest U.S. lenders.

Seasoned veterans are concerned there won't be capable successors to take over their books of business, insiders say.

The move continues the wirehouse's transformation under Tom Naratil, president of UBS Wealth Management Americas.

The company's broker headcount declined slightly, but it remains the largest wirehouse by number of advisors.

Reps recommended complex investments without restrictions, the regulator said.

The firm's advisor ranks increased slightly during the third quarter, ending three consecutive periods of decline.

The regional firm, which has been a recruiting tear, pulled its newest hires from Morgan Stanley and Wells Fargo.

The wirehouse picked up two veteran advisors, each with more than 20 years of industry experience.

Ex-Merrill Lynch brokers are joining the firm as it looks to grow in the Northeast.

Greg Fleming was tapped to become CEO of the newly formed Rockefeller Capital Management.

Last year, the Democratic senator argued successfully for the termination of Sloan's predecessor as chief executive, John Stumpf.

Independent and regional firms have been maintaining strong appeal with new recruits.

David Safarian is the latest wirehouse advisor to join the regional broker-dealer.

A segmented market is ready to embrace scale, says Raymond James president Bill Van Law.

The new hires join the wirehouse from rivals Morgan Stanley and Merrill Lynch.

The regional BD is on a recruiting roll, having poached two of the wirehouse’s teams this week.

27 firms have signed on to the standard, but state regulators and industry groups are pushing for more.

The move is the fourth major recruiting announcement for the firm this month.