Going independent

The group leader, advisor Lars Olson, had been with the wirehouse since 1994.

Advisors may sometimes overlook clients with special needs, despite the size of the community and available tools like ABLE Accounts.

The IBD completed a stellar recruiting year by adding a team led by a 30-year veteran advisor.

LPL Financial and indie rivals like Raymond James, Wells Fargo FiNet and Kestra Financial completed at least 17 recruiting grabs of $800 million or more this year.

It’s one of the largest teams to quit a wirehouse this year.

The OSJ scooped up teams from Edward Jones, Wells Fargo Advisors and Wedbush Securities.

The Buffalo, New York location is the independent firm’s 12th nationwide.

The Boston-based boutique oversees the assets of roughly 140 full- service clients and 800 individual households.

It’s one of the largest recruiting moves of the year in the independent broker-dealer sector.

The private equity-backed firm’s bottom line has been less affected by coronavirus-related low interest rates than its rivals, Moody’s says.

The move represents the third largest out of the IBD channel in 2020, according to company recruiting announcements tracked by Financial Planning.

The custodian had been a key player in the growth of the independent channel.

The same words keep popping up in company titles. Here’s why that may be problematic.

The bevy of choices can feel overwhelming. Here’s where experts recommend advisors get started.

It’s a big decision, and getting it right the first time around can avoid a lot of headaches, experts say.

The firm’s new technology will allow advisors to “get into the weeds” of underlying portfolios with clients.

The number is behind previous years, but the firm’s new head of business development says independence is more appealing amid the coronavirus.

Choosing their own technology for clients was a big draw for the advisors, who affiliated with Kestra.

The group includes an advisor who started his career at Merrill in 1977.

The father-son practice with two other advisors switched their affiliations after its founder had spent 18 years with New York Life.