Morgan Stanley reveals which management teams going, staying (PI Online)

Morgan Stanley Smith Barney outlines reps' 2010 pay plans (Investment News)

Merrill Lynch:

QandA with Sallie Krawcheck: Why the behemoth brokerages will prevail (Investment News)

Recruiting:

B/Ds Warned on Recruiting (Investment Advisor) - SEC Chairman Mary Schapiro sent a letter to broker/dealer CEOs on August 31 reminding them of their supervisory obligations under federal securities laws.

RBC lures $450 million duo from U.S. Trust (Investment News)

$800 Billion to Move, According to Cerulli (Research Mag) - Wirehouses are set to lose the most clients, while RIAs and dually registered advisors will be the greatest recipients, according to the research firm’s latest report.

Baird nabs $267M Morgan Stanley Smith Barney team; J.P. Morgan adds 70 advisers (Investment News)

More:

RJFS Raises RIA minimums, LPL Pulls Past RJ in RIA Assets (Registered Rep)

Some Branch Managers Forced To Produce (Registered Rep) - In an effort to cut costs, some brokerage firms such as UBS and Morgan Stanley Smith Barney are restructuring their branch office organization and changing the rules about which managers must generate production.