LPL's W-2 channel, Linsco, also added a $330 million team from Janney, while Ameriprise's independent unit lassoed advisors from LPL and Wells Fargo.
Wealth management units post standout results, powered by rising client balances and increased trading.
JPMorgan and Goldman's investment banking units helped drive earnings beats, while Citi hit revenue records across all divisions.
With a $10 billion direct investment commitment, it aims to strengthen US economic resilience by supporting companies in sectors from AI to pharmaceuticals and energy infrastructure.
The Wall Street giant's updated requirement gives its advisors more leeway to pitch crypto funds, which are primed for a big bang following recent changes at the SEC.
RBC, Ameriprise, and Wells Fargo also announced new additions from Northwest Financial Advisors, LPL, and other rivals.
Isaiah Williams, 33, was arrested in Florida in June for his alleged involvement in the theft of almost $2.6 million from Reshad Jones, a former Miami Dolphins safety.
The decentralized supervision infrastructure used by wirehouses is 'like a failed state,' says attorney.
How to have constructive talks regarding wealth, values, legacy.
William Sinclair tells InvestmentNews about the bank’s new lifestyle offering
Cerulli research sees major acquisitions and mergers drive growth in the IBD channel, with advisors increasingly drawn to independence and scale.
Also, Raymond James transitions its asset management leadership, while US Bank names president of affluent wealth division.
Signs of emerging stock bubble makes the tech trade trickier for some on Wall Street.
Elsewhere, Raymond James attracts more Commonwealth teams, Wells Fargo adds nearly $1 billion with UBS and JPMorgan defections, and Baird welcomes a veteran advisor from Edelman.
CEO says the top-ranked Canadian bank, which could theoretically scoop up a business as large as Schwab, has several "high-quality wealth franchises" in its sights.
Raymond James also kept its Commonwealth recruitment streak going, while Americana Partners and Pallas Capital Advisors each hired a veteran specialist advisor to boost their offerings.
But much of advisors' compensation schedule in 2026 will remain the same as this year.
RBC has also lured a billion-dollar advisor from JPMorgan, while Raymond James and Osaic reel in more ex-LPL advisors.
Survey reveals adoption gaps and opportunities for financial advisors across channels
JPAM’s Jared Gross, co-chair of SIAG, tells InvestmentNews what the risks are
