Also, Wells Fargo's recruitment rolls on with a billion-dollar-plus group from Commonwealth while LPL adds an Ameriprise team in Houston.
Roughly one-third, 32%, of financial advisors invested in crypto for client accounts in 2025, up from 22% in 2024, according to a new survey.
Memo to 200,000 staff ties tougher performance expectations and job cuts to the banking's push into automation and artificial intelligence.
Nominate your team to highlight your expertise and client impact.
World hires former Osaic exec as new CFO to steer growth; JPMorgan recruits investment strategist from Bloomberg.
Meanwhile, Wells Fargo snags another rival wirehouse team in Atlanta, while another longtime LPL advisor joins other seceders to Cetera.
Also, LPL has scooped a second-generation high-net-worth practice from Osaic, while Ameriprise welcomes a father-son team from Edward Jones to its financial institutions group.
AI tools are highly complex and may be flawed, hallucinate and reflect biases, according to Merrill.
Also, a Rhode Island-based UBS team hops to another wirehouse, and another LPL veteran has defected to Cetera in Connecticut.
The move adds an 11-person ensemble to Wells Fargo’s independent network in Long Island as it continues to court elite advisory teams.
McKinsey estimates a shortage of about 100,000 advisors by 2034, so what are firms doing about it?
The latest additions in Texas cap off what was an active 2025 recruitment season for Wells Fargo's private client group.
The latest advisors jumping to the wirehouse's traditional brokerage and FiNet channels include defectors from Edward Jones, Ameriprise, and UBS.
She says she filed her complaint on July 16 and was terminated two weeks later
Combs’ move to the banking giant's new Security and Resiliency Initiative reshapes leadership at Berkshire Hathaway as Warren Buffett's retirement draws near.
Cetera also extended its 2025 Commonwealth recruitment streak, while Citizens Private Wealth stepped into the retirement planning space with a 401(k)-focused advisory team.
“I’m still skeptical about cryptocurrency and Bitcoin,” said one senior industry executive. “What’s underlying it?”
The biggest team move to Wells Fargo Advisors this year highlights its efforts to court large ensembles, as well as UBS's continuing issues with advisor retention.
The move to give Mary Callahan Erdoes a board seat comes amid accusations that the Wall Street giant enabled the deceased financier's sex trafficking operation.
Seasoned veterans positioned to drive growth in increasingly competitive industry.
