Wirehouse advisors

Richard Fuld's Matrix Private Capital Group has both asset and wealth management operations.

The win follows a first-quarter report showing it grew its ranks 3.4% over the prior year.

The RIA is the largest firm to depart the protocol in more than a year and a half.

The pickup adds to the platform service provider’s hot streak.

Advisors from rivals Merrill and Wells Fargo will join the firm. “Our recruiting pipeline is robust," an executive says.

Two factors are prompting an upsurge in career changes.

The 11-person team, which was assisted by Dynasty Financial Partners, was attracted by the raft of technology options in the independent space.

The move will merge capital-markets teams across wealth management and the investment bank in the U.S.

Is there a lesson for other advisors considering a career change?

The firm is benefiting some referrals from Bank of America’s other business units.

Headcount is down more than 1,250 since a fake accounts scandal came to light in 2016.

The firm’s latest hires come at the expense of Oppenheimer & Co. and UBS.

President Andy Sieg sees room to add to the firm’s ranks in novel ways.

The new hires include two former Raymond James advisors who had spent 21 years at the company.

The firm’s latest hires come at the expense of Wells Fargo, Merrill Lynch and UBS.

The new hires join from rivals Merrill Lynch, Hilliard Lyons, Charles Schwab and Wells Fargo.

The firm’s new recruits include a 31-year Merrill Lynch veteran.

The newest recruits are indicative of the firm's hiring push.

The advisors joined a former colleague at Steward Partners, an independent firm affiliated with Raymond James.

The advisors were lifelong Morgan Stanley advisors, having started their careers at Smith Barney before Morgan acquired it.