Wirehouse advisors

One firm made three small changes that could appeal to brokers, while the other company’s overhaul will make it more closely resemble its competitors’ setups.

Seven former Wells Fargo Private Bank planners left to join a firm seeking to expand where they say large banks and brokerages have pulled back.

A quartet of advisors with $400 million in assets chose the independent firm out of many suitors.

The bank’s wealth management unit has “underinvested” in its online and independent divisions, CEO Charlie Scharf said.

James Gorman says the wealth manager is seeing much better retention and recruiting due to its “multiple channels of growth” after several acquisitions.

Expecting everything to work seamlessly from day one can lead to a rude shock.

FP’s annual list recognizes the accomplishments of an elite cohort of young wirehouse and regional advisors.

The big asset manager’s acquisition of O’Shaughnessy Asset Management is the latest in a string of similar deals by Wall Street.

A new report from PIABA says independent advisors are as bad as brokers when it comes to cheating investors and paying awards.

The wirehouse wants MAX to be the central hub for anything a broker needs while working remotely.

Some independent advisors worry the enterprise deal will slow innovation at the wealthtech company.

Whether it’s picking a securities attorney or finding a partner that can provide the service and support you need to transition, due diligence is key.

Form CRS was supposed to clear things up, but it’s made things worse, a fiduciary critic says.

The XY Planning Network of fee-only advisors and investment advisor Michael Kitces say consumers are being deceived when brokers use labels like “wealth manager” and “financial advisor.”

Brokerages that want to hire someone with a checkered past have to undergo a “consultation” with the watchdog and may have to try to renew their memberships.

Andrew Tasnady shares insights from FP’s annual pay survey and how he expects the grids to shift in the future.

The program has historically been high-stakes and cold-calling friendly. Novice advisors can expect something different now.

Participants will instead be directed to use internal referrals or LinkedIn messages, according to a person familiar with matter.

Two advisors left their prior firm of 10 years after the bank’s wealth and asset management unit generated record net income in the first quarter.

The quartet of financial advisors leaving UBS after a decade also has an advisor with an equestrian specialty.