One three-man team had $270M in assets, while a fourth individual joining separately had $155M.
Curtis Rach and Jud Crary join established practice in Irvine, Calif.
Mark Wilkins managed about $425 million in client assets at the wirehouse.
Firm combines equities, multiasset and hedge funds into single division.
Bob Mulholland, who oversaw the firm's 7,000 advisers and helped engineer a turnaround in the wirehouse's brokerage unit, will be replaced by UBS vet Brian Hull.
Fine related to two actions from the SEC and Finra over sales of closed-end bond funds and a former broker's fraud.
Revenue from transactions decreased 28.5%, as skittish investors stayed away from the market.
Move to restrict broker expungement should improve confidence that the arbitration system is fair to investors.
In a surprise move, the president of Morgan Stanley's wealth management and investment management divisions now will oversee only wealth management.
Executive sees recruiting opportunity across the country after October recruiting deal struck.
Using the example of the beer industry to prove financial advice is ripe for more moves to independence
A group of advisers left to form their own RIA, Corient Capital Partners.
Clients are looking for a more digital experience in an increasingly digital world, but the advice industry hasn't kept pace with the times, according to Mary Mack, president and head of Wells Fargo Advisors.
Newly compiled <i>InvestmentNews</i> research shows how the nation's biggest brokerages rank across four key metrics.
Free on $200,000 bond, Galen Marsh faces as long as five years in prison when he's sentenced Dec. 7
Claim is tied to so-called “Whopper” broker Jose Gabriel Ramirez Jr., who faces raft of claims related to closed-end funds.
Round of late summer hires includes $700 million team and $300 million team.
Regulators are concerned that brokers are jumping into the RIA channel to take advantage of a lax regulatory climate.
Firm wins a temporary restraining order against four advisers accused of sabotaging the wirehouse when they jumped to UBS.
U.S. authorities examining whether fired adviser Marsh was targeted by hackers after he took data from the wirehouse.
