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  1. Articles

    This week's stories that financial advisers can't miss

    A scandalous lawsuit, new data on the growth of independent firms, and the rest of this week's must-reads

  2. Articles

    Merrill asks $2.5 billion team to leave

    The advisers allegedly violated Finra rules and firm policy by encouraging some of their larger clients to invest directly in hedge funds.

  1. Articles

    Wells Fargo adds $830M Morgan Stanley duo

    Team of William Peragine and John Biondo join as Wells Fargo continues summer recruiting spree.

  2. Articles

    Morgan Stanley appoints wealth management exec to be chief marketing officer

    Mandell Crawley's former responsibilities will be distributed to other personnel

  3. Articles

    Legacy Smith Barney managed funds program closed

    Not all brokers are happy, but Morgan Stanley says shutting the “wrap” accounts program to new investors will reduce complexity.

  4. Articles

    Ex-UBS adviser faces $5 million sexual harassment suit

    Former intern claims she was offered Christian Louboutin shoes in exchange for sex; adviser and firm say she welcomed advances.

  5. Articles

    Wells Fargo expanding bond fund and ETF use in SMAs

    Firm's managed accounts can make greater use of products like bond mutual funds and ETFs over individual bonds in model portfolios.

  6. Articles

    Wells Fargo recruits brokers with $1.1 billion in AUM

    Advisers on the Move - Eleven brokers from UBS and Merrill Lynch joined Wells Fargo in California. See more recent moves in our exclusive Advisers on the Move database.

  7. Articles

    'Don't fight the Fed' was never more true

    Tuesday's Breakfast with Benjamin menu includes: It's true: Don't fight the Fed. Also: Alibaba mania is here and so is Apple's big day; Wells Fargo faces possible Finra action and about that Home Depot data breach.

  8. Articles

    Wells Fargo facing possible Finra action over anti-money-laundering failures

    Firm receives Wells Notice notifying it that action is possible because one branch office's activity

  9. Articles

    Bank of America doubling down on Merrill Edge

    The banking giant is hiring almost twice its current contingent of 1,700 to serve clients with less than $250,000 in investible assets.

  10. Articles

    Morgan Stanley nabs 3 brokers with $1.3 billion in assets

    Recent recruits include a former Merrill Lynch duo who managed $1.1 billion.

  11. Articles

    HighTower adds $440M team from Merrill

    The hybrid firm has brought on over $1 billion in assets from the wirehouse in the past month.

  12. Articles

    Morgan Stanley dodges $15 million raiding claim

    Charles Scwab's $15 million arbitration claim against Morgan Stanley for hiring brokers from its San Francisco office was rejected.

  13. Articles

    Morgan Stanley managers depart amid reorg

    Some high-level executives depart as firm restructures its managed-account unit, and streamlines products and services staff.