Carl Richards launches a not-so-secret society, Morgan Stanley high-earner leaves for Merrill Lynch and a Colorado financial advisor is arrested for stalking a teenage girl.

Colm Kelleher, 59, was paid $1.67 million in salary, $6.88 million in deferred cash and $2.4 million in deferred stock

Venture capital in fintech companies may have reached its peak, Raymond James now has more advisors than UBS and study finds investors are using ETFs for short-term trading.

The "Money Guys" have been barred from investment advice, Morgan Stanley gives more clients debit cards and FinMason launches FinRiver.

Co-heads of the new groups will report directly to the wealth unit presidents.

A number of high-level managers at the wirehouse are moving within the broker/dealer.

Motivated in part by increased regulatory scrutiny, broker/dealers are nudging advisors away from rep as portfolio manager programs in favor of model portfolios and third party strategists.

The wirehouse team wanted to get ahead of a technology curve the industry is facing.

Advisors need to stop trying to target millennials as a whole, Focus partner MW Lomax acquires Westwood Group and Merrill hires an advisor away from BTG Pactual.

Since October, when the Dept. of Labor flagged concern over conflicts of interest in advisor compensation, wirehouse recruitment deals have suffered. Are the days of 300 percent trailing-twelve-month incentive packages truly over?