Wirehouse advisors

Here's how the outcome of the presidential election could affect the trajectory of the Labor Department's regulation.

The three recruits joined the independent firm from Wells Fargo and Edward Jones.

If you plan to join another firm or go indie, you’d better reacquaint yourself with this landmark agreement first.

The advisers made the move in the wake of new regulatory guidance which takes aim at recruiting deals.

Two industry veterans joined the fast growing regional brokerage firm.

"There are ways to potentially be cute with it. You could potentially cut out retirement business from the back-end bonuses," says an ex-Merrill Lynch executive who works in the independent space. "Cute doesn't usually work when it comes to regulators."

The early decision stops advisers from earning commissions on products that will also generate fees through the firm's Investment Advisory Program.

The recruits come from the private banking division.

New guidance from the Department of Labor provides conditions under which firms can offer bonuses and other compensation incentives.

The recording casts doubt on the CFP Board's claim that all CFPs are fiduciaries.

FINRA plans to add 1,000 new arbitrators this year to improve its troubled dispute resolution process, but offers few new details on some of its largest challenges.

CEO Sergio Ermotti pledged that cost-cutting efforts are to continue.

The decision is effective immediately and was made within hours of the Department of Labor issuing new regulatory guidance on the fiduciary rule's implications.

Morgan Stanley and RBC lose two recruits to the regional firm.

The regional firm’s latest recruit spent 16 years at the wirehouse.

One recruit started in the industry more than two decades ago.

The new recruits come from Morgan Stanley and Wells Fargo Advisors.

Will RBC's Christopher Vollmer, the current No. 1 on the regional ranking, return to the newest list? Or will a new young professional take the top spot? Advisers now have more time to join this elite group.

"Optimizing choice for our clients … is critical to how we operate as a firm," CEO James Gorman said during an earnings call where the wirehouse reported net revenue was a record $3.9 billion last quarter.

A $2.2 billion Morgan Stanley team's move to independence shows how breakaways use shell companies to take advantage of the legal pact, and why more than 1,500 firms have signed on.