Wirehouse advisors

They made the move in part because of the marketing and research resources the firm offers, says new hire Todd Kissel.

The new hire comes after the wirehouse said it would cut back on recruiting.

The firm continues a recruiting streak that has netted teams managing over $10.5 billion in assets this year alone.

Adviser headcount continued a slow, but steady decline, slipping to 6,915 from 7,116 for the year-ago period.

The new hires joined a recently opened branch in Tuscon, Arizona, continuing a push west for the regional firm.

The Connecticut office tallied 14 new hires in the past twelve months, the firm said.

The Labor Department is receiving a deluge of feedback from advisers and investors on whether to revise its controversial regulation.

This year has seen more moves, bigger moves and more expensive moves.

Regulators are contacting the bank after financial details of some 50,000 clients were inadvertently sent to an outside party, according to a person with knowledge of the matter.

Social Security numbers and portfolio information for some high-net-worth clients and advisors was provided inadvertently as part of a lawsuit.