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In a newly created position, Erik Karanik will oversee growth across Wells Fargo Advisors Financial Network (FiNet) and First Clearing.

We have global advisory boards with our next-generation and millennial clients because we want to hear directly from them.

Executives from Wells Fargo Advisors led by David Kowach have a $40 million war chest and plans to embrace an RIA aggregator strategy.

Wells Fargo is undergoing more turnover of senior executives at its brokerage group, Wells Fargo Advisors.

As the head of nationals sales, Simmons will oversee a team of more than 1,600 financial planners.

Wells Fargo hires another JPMorgan executive, Barry Simmons to be the new head of national sales at Wells Fargo Advisors.

RIA DayMark Wealth Partners, less than a year after leaving Wells, has recruited another big team of ex-Wells advisors.

The wirehouse announced Tuesday it was streamlining regional leadership, in a move some recruiters consider likely to blunt its plans to grow headcount.

The wirehouse is adding pay bumps for advisors with positive net new assets to encourage business growth in a time of shrinking client assets.

Banking news