Wirehouse advisors

The former JP Morgan Private Bank adviser focuses on wealthy Latin American clients.

The firm picked up teams from Merrill Lynch and Wells Fargo.

The new hire previously generated $1.4 million in annual revenue, according to his new employer.

The regional firm’s new recruits joined in two locations.

It seems that a long bull market in transition deals may be coming to an end.

The group opted to join HighTower, which has added nine teams so far this year.

The move is the latest in a string of new hires at the regional brokerage firm.

The broker says the decision to switch firms was "an easy one."

The broker who specializes in international clients joined Bolton Global Capital.

Led by a 33-year industry veteran, the group joins the regional firm from UBS.

The regional firm's latest hires come just a week after it hired a Morgan Stanley branch manager.

The recruit will be a producing branch manager and oversee 10 advisers, according to his new employer.

The recruit made the move a week after the independent firm recruited three other wirehouse teams managing more than $600 million.

"It's always nice when one poker player folds and it's down to two or three players," one recruiter says.

The new hires joined from UBS and Morgan Stanley, according to the firm.

Switching firms can be a herculean task, but independent firm Steward Partners furnishes ex-wirehouse advisors with teams of specialists to ease the process.

The digital platform was intended for use by all of the firm's wealth advisers.

The partnership “shows just how much technology is being democratized and customized,” according to one researcher.

The $420 million team marks the latest wirehouse exit over a lack of flexibility around the rule.

The advisers generated over $2 million in annual revenue, On Wall Street learns exclusively.