Despite rumors of a takeover, the firm is back to growing its adviser roster
Broker-dealers have been competing to lower fees in order to reduce potential conflicts of interest
The announcement follows recent executive and senior-level departures, including former TD Ameritrade president Tom Nally
"This is a loss of thousands of dollars," one adviser says
The departure of Kevin Miller, formerly executive vice president, adds to a growing list of high-level employees to leave the firm in recent months
The wirehouse reports a net increase of 70 advisers during the summer, despite COVID-19
The bank reported a year-over-year decline of 815 advisers, according to its earnings report released Wednesday morning
The new charges will be levied on a popular pathway for advisers to conduct business directly with mutual fund companies
The broker-dealer reported a 'negative net worth' of $22 million last year
The deal adds to the $13 billion acquisition of the discount brokerage E-Trade as the wirehouse looks to evolve beyond its investment banking roots
