Wirehouse advisors

The advisors come from a firm reported to manage over $5 billion in assets.

A judge issued a ruling after intensely scrutinizing advisors' emails and text messages to clients.

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.

Stan Leavitt said he was drawn to the regional firm for its culture and financial planning capabilities.

The four advisers joined the more than 500 lost by the wirehouse in the last nine months.

What used to be a complex and expensive barrier to entry for independent RIAs has now become much simpler and cheaper.

The advisers previously worked at RBC Wealth Management, with one of them making the firm’s Chairman’s Council.

The two advisers bolted in a quarter that saw their ex-firm lose 130 advisers.

This is the second time Jefferies has poached Miami-based adviser talent from the wirehouse.

The firm's headcount has steadily declined since the bogus account scandal came to light last year.

"With 15,000 financial advisors, it's hard to change financial planning software. It's hard to change the day-to-day stuff," adviser Jim Denholm III says.