Wirehouse advisors

LPL, JPMorgan and Bank of America Private Bank were also among the recruiting winners this week.

An industry recruiter sees RBC Wealth Management's appeal as lying in its international presence and clean reputation.

UBS, Morgan Stanley, Ameriprise, Bank of America and Cetera were all on the losing end of some of the biggest recruiting deals this week.

The groups managing hundreds of millions are coming over from Merrill, Northwestern Mutual and Wells Fargo.

While big firms keep getting hit with lawsuits alleging unfair cash sweep policies, MaxMyInterest is generating returns from cash through the competitive marketplace.

Researchers wonder if similar regulatory attention could eventually hit the bottom lines of independent broker-dealers and RIAs.

The hires add credibility to the wirehouse's renewed commitment to recruiting.

Firms' practice of offering low returns on clients' uninvested cash is becoming the latest hot legal target.

Wells Fargo joins Morgan Stanley, Merrill and Ameriprise in facing questions over its handling of clients' uninvested cash.

The Wall Street giant's Morgan Stanley at Work and private wealth units team up to serve top company officials — and possibly gain access to trillions in workplace wealth.

FINMA, the Swiss Financial Market Supervisory Authority, is tightening its scrutiny following the collapse of Credit Suisse last year.

The company celebrated its 25th anniversary as a public company with net earnings of $700 million in its wealth unit. The profits were an improvement from its losses last year.

The megabank saw a 15% increase in assets under management in its wealth management division in the second quarter.

Rising expenses from increasing asset values in client accounts also put a dent in the unit's bottom line in the second quarter.

The arbitration award comes amid the industry's aggressive push to make sure departing wealth managers pay back money owed on recruiting loans.

Firms that haven't been afraid of generous recruiting offers have shown the greatest growth in recent years.

A federal judge agrees with plaintiffs that the Federal Trade Commission lacks authority to set rules on unfair competition.

With rate cuts still on the horizon, some advisors wonder if it's time to look for returns beyond high-yield savings and money market accounts.

CEO Jamie Dimon has long contrasted Florida's business-friendly climate with his firm's native New York.

Like its Wall Street rival Morgan Stanley, Citi sees a path to trillions in client assets in its workplace division.