Wirehouses

The firm says it could delay changes it pledged to make to comply.

Advisers reacted to President Trump's efforts to halt the regulation.

The move is intended to better satisfy clients who are increasingly asking for more clarity, according to the firm.

The new recruit generated $850,000 in annual revenue, according to the regional BD.

The new hire signed on to the regional broker-dealer during a recent wirehouse recruiting binge.

The wirehouse will make “many” of the pricing and product design changes it planned last year, include lowering commissions for trades involving stocks and ETFs “to the benefit of our clients,” according to an internal memo.

The wirehouse also reported record revenue of over $2 billion for the recent quarter.

The new recruit generated more than $1 million in annual revenues, according the regional firm.

On Wall Street's annual ranking of successful young planners.

The recruit generated $2 million in annual production, according to Merrill.

One barred broker borrowed funds from clients without approval, according to FINRA.

The wirehouse's new hires oversaw $466 million in client assets, according to a spokesman.

On Wall Street's annual ranking of successful young planners.

The adviser reversed course after Merrill Lynch unveiled plans to phase out commission-based retirement accounts as part of its plan to comply with the Department of Labor's fiduciary rule.

Recruits from Morgan Stanley and RBC joined the independent firm affiliated with Raymond James.

On Wall Street's annual ranking of successful young planners.

On Wall Street's annual ranking of successful young planners.

James Gorman earned $22.5 million after the firm made progress toward financial targets and its stock rose by a third.

One of the bank's new recruits comes from the wirehouse's elite Private Banking & Investment Group, which serves ultrawealthy clients.

Their attorney said he would instead file claims in arbitration.