They left to have more freedom in how they work with their clients, one of the new hires says.

New firm FallLine Securities caters exclusively to advisers serving ultrawealthy clients.

After a social media quote provoked criticism, the special advisor on gender diversity replies.

The wirehouse said recently it plans to stop recruiting experienced advisers, but made an exception if talks with recruits started before June 1.

RIAs using digital platforms will face scrutiny about disclosure and client communications.

More banks are implementing second-story adviser programs as they embrace advice-based client relationships in the wake of the fiduciary rule.

Though the wirehouse notched impressive wins, Merrill wasn't the only firm to land elite recruits recently.

The new hires joined Merrill from Morgan Stanley.

Veteran advisers with $437M in AUM 'set out to find something different.'

The firm's newest broker generated $1 million in annual revenue while at Baird, an RBC spokeswoman said.

The money manager created the new role in order to accelerate the growth of the funds.

Independent advisers are poised to benefit from implementation of the DoL ruling.

The promotion comes as wealth management firms accelerate efforts to roll out digital advice platforms.

You probably feel you already act in your clients’ best interests, but now that it’s official, you could feel it in your paycheck. Editor Lee Conrad talks with consultant Peter Bielan about changes banks are considering for their advisers.

Top industry headhunters share their insights on what the evolving landscape has in store for brokers switching firms.

The Swiss firm picked up a team that oversaw approximately $900 million in client assets.

The broker, who had been with the bank for 21 years, went independent with backing from Dynasty Financial Partners.

The new hire will oversee the private banking and investment management services Umpqua offers to the high-net-worth.

"They like what we do. They like the capabilities. They like the technology we have," he said of the clients drawn to the bank's wealth management platform.

The wirehouse announces another huge hire weeks after saying it would be cutting back on recruiting.