Wirehouse advisors

Merrill Lynch has lost big teams this year. Does it matter?

Six of the top 10 advisor recruits — managing roughly $13.2 billion in client assets — have walked out of the wirehouse so far this year.

Career moves Jessica Mathews 9h ago

Career moves Jessica Mathews 9h ago
Top 10 advisor moves of the year; 6 came from just one wirehouse

These mega brokers managed $18 billion in assets at their previous firms.

Recruiting Jessica Mathews 9h ago

Recruiting Jessica Mathews 9h ago
How this young fintech won advisors over

To convince advisors to try its platform, Capitect took a number of steps, including partnering with XY Planning Network to provide its tools to members without cost.

Reinvent Wealth Sharon Adarlo July 18

Reinvent Wealth Sharon Adarlo July 18
Despite explosive asset growth, advisor workforce keeps shrinking

Here’s what the two seemingly contradictory trends mean for advisors.

Broker Protocol Ann Marsh July 17

Broker Protocol Ann Marsh July 17
Wells Fargo pins shrinking FA ranks on retiring advisors

Total broker head count dropped by 173 from the prior quarter, according to the wirehouse.

Wirehouse advisors Andrew Welsch July 13

Wirehouse advisors Andrew Welsch July 13
Fired Merrill Lynch advisor with $2.4B moves to Dynasty

Bruce Keebeck Lee has repeatedly been ranked as a top advisor by both Barron’s and The Financial Times, but he was fired in April for a failure to file compliance paperwork.

Going independent Sean Allocca July 13

Going independent Sean Allocca July 13
Morgan Stanley plays the long game on AI

Morgan Stanley’s advisors are already helping clients deal with emotional issues. What if AI could help out?

In|Vest Conference Jessica Mathews July 12

In|Vest Conference Jessica Mathews July 12
Raymond James adds $300M advisors to indie, employee BDs

The firm's two new hires are the latest in aggressive recruiting efforts and joined from rivals RBC and Wells Fargo.

Recruiting Andrew Welsch July 11

Recruiting Andrew Welsch July 11
New CFP Board commission on ethics rules has some advisors scratching heads

Creation of the blue-ribbon body draws praise and confusion from CFPs who question its utility.

Fiduciary Rule Ann Marsh June 28

Fiduciary Rule Ann Marsh June 28
Voices Wells Fargo leadership team misses the mark again

Frank LaRosa
CEO Elite Consulting Partners

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

Wirehouses June 25

Wirehouses June 25

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