Wirehouse advisors

Martin Rice and his partner Beau Barrett joined a network launched by Rice’s old training partner, Jim Dickson.

Wirehouses’ overzealous overhauls of compensation rubrics convey a message of instability to financial advisors.

Most of the 150 markets are in areas 30 miles away from the nearest Bank of America branch.

The firm had sued a former $660 million team that moved in September to Stifel.

One advisor is making his first career move after 22 years at the wirehouse.

The advisors include the father, mother, daughter and son.

More than half of the broker-dealer’s new hires come from Wells Fargo.

The advisors also reject the wirehouse’s claims they violated non-solicitation agreements.

Dynasty, Raymond James and Stifel are among the biggest beneficiaries of recent advisor moves.

Robert Burns and Janet Nevins are the latest former wirehouse advisors to join the high-end brokerage unit.

The firm claims it is also missing important documents related to a large institutional client.

The advisors join the regional firm from Morgan Stanley and Wells Fargo.

The regional BD has picked up 15 advisors this month alone.

The move puts the Swiss bank more in sync with practices at regional brokerages.

Each of the team’s members had 15 years or more experience working at the wirehouse.

The regional broker-dealer’s head count jumped up to 1,824 in the third quarter.

The firm’s recruiting streak continues with this latest wirehouse hire.

The new hires build on the firm’s recent recruiting successes.

The lawsuit illustrates the persistence of such accusations among the nation’s more than 600,000 securities brokers.

This is the first move of Joseph Chu’s financial career, but it’s not the wirehouse’s first big loss this year.