Wirehouse advisors

"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.

Raymond James, RBC and Ameriprise were among the industry players to lure away talent from Merrill Lynch.

The group generated over $7 million in annual revenue, On Wall Street learns exclusively.

The two advisers had been with the wirehouse for more than a decade.

The duo launched a new independent practice with the firm's Investment Advisors Division.

The new recruit joins after the regional firm paid $150 million to settle a lawsuit brought by an SEC receiver.

The move does not apply to the giant asset management firm's ETFs, and clients are not required to liquidate existing positions.

Michael Jeppson generated about $1.8 million in annual revenue, according to his new firm.

Each of the group's three advisers has more than 20 years of experience in the industry.

The Broker Protocol is just the first step. Those entering the fiduciary world still have to proceed with caution.

The group is led by an industry veteran of almost 40 years.

The wirehouse’s pre-tax earnings jumped 42% year-over-year despite losing 176 advisers in that time.

Choices are mushrooming in the independent space for top advisors seeking a career change, recruiters say.

UBS and Merrill lose four advisers in HighTower's seventh deal of the year.