Sean Allocca

Millennials want mobile-first digital advice, and will invest millions on such platforms.

The practice left its BD less than a year after John Hancock acquired Transamerica Financial Advisors.

The advisors joined existing practices within the bank's independent broker-dealer arm.

The advisors join the regional BD’s offices in Chicago and Nashville, Tennessee.

Clients in their 30s offer long-term value and are cheap to acquire. But they can be time consuming, interacting almost 15 times a year on average with their advisors.

The aggregator has been buying aggressively since an infusion of private equity cash in April.

Early withdrawals from employer-sponsored plans can derail retirement, but may be necessary.

The regional broker-dealer added four new advisors to the 32 recruits picked up this year alone.

The firm allegedly profited $14 million by fabricating performance records.

Three quarters of the firm’s 57 new recruits have come from the largest firms.