Andrew Welsch

Self-directed investors have opened more new accounts at the firm in 2021 than in the third and fourth quarters combined.

The new additions represent Rockefeller’s first foray into Colorado.

The wirehouse picked up a 43-year veteran from its rival.

The dispute highlights the complicated nature of non-solicitation carve-outs when advisors switch firms.

He allegedly used the money to pay gambling debts and credit card bills, according to federal prosecutors.

The department says it is working “to determine how we might improve” the regulation.

The legal tussle represents the latest effort by a brokerage firm to enforce non-solicitation agreements against advisors.

With offices in seven other states, Cresset Asset Management seeks to expand its reach to Texas.

New hires come at a moment of heightened competition for talent industrywide.

The team caters to wealthy clients and athletes, and specializes in private placement life insurance.

The new hires include industry veterans and they join a growing branch in Dallas.

The increase comes as the recruiting market heats up.

The new recruits build on the 43 advisors Janney added last year.

The firm pivoted away from an aggressive hiring strategy in 2016 and has seen a substantial drop in costs associated with picking up experienced talent.

Jacob Glick is accused of breach of fiduciary duty and misappropriating client funds, among other alleged misconduct.

Eaton Vance and E-Trade deals expected to boost the firm’s performance.

Client acquisition was down compared to 2019, but still higher than in years past.

The firm’s aggressive hiring streak continues with the onboarding of several wirehouse advisors.

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

Policy changes could deprive some politicians of significant campaign funds.