Morgan Stanley recruited TruCore Advisors, a J.P. Morgan Securities team managing approximately $1.5 billion in client assets, signaling a more aggressive recruiting posture.

Shyan Ardalan, a 35-year-old Merrill advisor managing roughly $1.3 billion in Los Angeles, left for Morgan Stanley after spending his entire career at the Thundering Herd.

A veteran UBS advisory team overseeing approximately $3.5 billion in client assets has left the wirehouse to launch an independent registered investment advisor in San Francisco.

NewEdge added Birmingham-based Stonegate Investment Group, a $6 billion advisory practice, to the Pillar Channel of NewEdge Advisors — its largest buy yet for the employee-affiliation model.

Seven Bridges Wealth Advisors, a 14-person team managing roughly $1 billion, left Ameriprise's franchisee channel to join NewEdge Capital Group in White Plains, New York.

Wells Fargo Advisors has recruited its third billion-dollar team in roughly a single week, continuing one of the more notable recruiting stretches in wealth management this year.

The steady drumbeat of large defections from Ameriprise continues to grow louder as another tenured, high-producing group left to start an independent RIA.

Wells Fargo Advisors' multi-channel approach is resonating as it attracted an up-and-coming team from Morgan Stanley Wealth Management.

Rockefeller Capital Management has added two sizable wirehouse teams in recent weeks, pulling advisors from both Merrill Lynch and UBS.

Integrated Partners has added a $600 million advisory team from Ameriprise, marking the latest example of advisors chipping away from the legacy independent model.