Pullback had been expected as economy's strength fed inflation fears.

GPB Capital sued a former business partner, alleging he reneged on a transaction

Broker-dealer says it is on track to bring over 70% of NPH revenue as part of its acquisition.

Regulator will also start looking at brokers who work alongside high-risk brokers or associate with them.

Phishing, or sending emails from supposedly reputable companies in order to get individuals to reveal personal information, leads the list of scams.

Independent broker-dealers have narrowed the gap between themselves and the wirehouses and are able to attract more quality brokers from the Big Four.

Matt Grossman, who has worked at Merrill for 28 years, will supervise 200 brokers and advisers at the firm's Fifth Avenue office .

Wells is helping brokers transition to independence within the firm, while Morgan is taking them to court.

Raymond James' recruiting up 5.7%, while Ameriprise gains 2.3%