Wirehouse recruiting losses have accelerated
In a recent cover story, InvestmentNews looked at recruiting trends among the wirehouses.
In 2017, Morgan Stanley and UBS shook up the industry when they decided to exit an industry agreement that makes it easier for brokers to leave one employer for another. While there was an initial slowdown in advisers leaving the firms, the overall story is more subtle and varied than that.
Click through to see the raw numbers of brokers leaving the wirehouses before and after 2017.