Updated Tuesday, September 23, 2014 as of 10:26 PM ET
Wirehouse Execs Move to Dynasty Financial
Female executives from U.S. Trust and Goldman Sachs join New York-based Dynasty Financial Partners.
More in Wirehouses
Morgan Stanley lures highly lucrative talent from Merrill Lynch while Washington Wealth Management grabs advisors from RBC and Wells Fargo plucks four from UBS. Here are the most recent moves among wirehouse advisors. more »
Consumer and industry advocates are criticizing FINRA over its alternative to a proposal that would have required recruiting firms to disclose advisor compensation incentives to clients when moving between brokerages. more »
Wells Fargo landed in hot water for failing to act on indications that a broker traded on insider information. more »
"One thing we can tell you is our opposition was there before us," says FPA's director of advocacy. "We heard over and over again the argument that if a fiduciary standard were extended to broker-dealers the middle market would be hurt." more »
"Any effort to put broker-dealers and advisors into the same box is probably not going to work," says a former deputy director of the SEC's Division of Investment Management. more »
Morgan Stanley hired a team with $4.5 billion in AUM – the second multi-billion-dollar team plucked from Merrill Lynch this month. more »
Wells Fargo continues recruiting from UBS, hiring advisors with a combined $410 million in AUM. more »
An ex-Morgan Stanley advisor represented himself in a contract dispute with the firm before FINRA, and the arbitration panel assessed him over $200,000 in fees. more »
Wealth management firms look to grow the bottom line out West. "Everybody is trying to get bigger in the marketplace. And those who aren't present here want to enhance their presence," says Bill Willis, a Los Angeles-based recruiter. more »
A veteran Merrill Lynch advisor with $1.5 million in production joins RBC Wealth Management. more »
Morgan Stanley grabbed an advisor team managing $1.1 billion in assets. But the wirehouse isn't the only firm recruiting top talent. See these and all the latest hires, moves and promotions among wirehouse advisors. more »
Supporters of a broader and more rigorously enforced fiduciary standard are rallying behind a set of best practices they would like to see advisors and brokers incorporate into their practices. more »
Independent Financial Partners, an LPL firm, tapped a financial services veteran to recruit advisors from the wirehouse channel. more »
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